The tit-for-tat trade spat between the US and China continued late Tuesday when the US revealed that it is starting a new investigation into whether steel wheels produced in China are illegally dumped in the US - an investigation that's being carried out at the behest of Accuride and Maxion Wheels, two US vehicle components suppliers, Reuters reported.
In addition to the investigation, the Department of Commerce also revealed on Tuesday that producers of common alloy aluminum sheet imported from China enjoy anticompetitive state subsidies as high as 113.3%, based on findings from an investigation launched in November.
The news comes a day after China's Ministry of Commerce announced that it would impose a massive 178.6% anti-dumping tariff on imported sorghum, a grain used to feed Chinese pigs and other livestock, per Yuan Talks.
https://www.zerohedge.com/news/2018-04-18/us-launches-anti-dumping-probe-steel-wheels-china
In addition to the investigation, the Department of Commerce also revealed on Tuesday that producers of common alloy aluminum sheet imported from China enjoy anticompetitive state subsidies as high as 113.3%, based on findings from an investigation launched in November.
The news comes a day after China's Ministry of Commerce announced that it would impose a massive 178.6% anti-dumping tariff on imported sorghum, a grain used to feed Chinese pigs and other livestock, per Yuan Talks.
https://www.zerohedge.com/news/2018-04-18/us-launches-anti-dumping-probe-steel-wheels-china
