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Thursday, 2 April 2020

US opens trade investigation into Egyptian aluminium dumping

Egypt is among 18 countries being investigated by the US for dumping aluminium in the US market. Reuters reported yesterday that the US Commerce Department had opened an investigation into whether the countries had dumped aluminium products and whether four of them had unfairly subsidized their exports. The report doesn’t mention Egypt by name, but last month a petition filed by the US aluminium industry named Egypt among the list of 18 countries accused of dumping alloy aluminium sheet.

The US will place tariffs on any products found to be unfairly subsidized or dumped, the Commerce Department said, according to Reuters.

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