NMMA - National Marine Manufacturers Association Inc.
10/31/2024 | Press release | Distributed by Public on 10/30/2024 23:04
International Trade Commission Terminates Aluminum Extrusion Case, Resulting in No New Tariffs for Marine Industry
On October 30, the U.S. International Trade Commission (ITC) determinedthat the U.S. aluminum industry is not materially injured by aluminum extrusion imports. This decision means that the Department of Commerce will not issue antidumping duty (AD) and countervailing duty (CVD) orders on aluminum extrusion imports. This investigation has been a top priority and concern for the industry since it began last year.
In October 2023, the U.S. aluminum industry filed petitions against imports of aluminum extrusions, including downstream products and subassemblies that have aluminum extrusions as inputs. Subsequently, the ITC and Commerce launched AD/CVD investigations. The scope of the AD/CVD investigation was expansive and outside the normal bounds of these investigations. The scope of the investigations specifically targeted the marine industry by naming pontoon boat parts and subassemblies, recreational boat parts and subassemblies, marine motor mounts, and several other items, as intended covered merchandise.
Earlier this month, the Department of Commerce (Commerce) finalizedits AD investigation on aluminum extrusions from Colombia, Ecuador, India, Indonesia, Italy, Malaysia, Mexico, China, South Korea, Taiwan, Thailand, Turkey, the UAE, and Vietnam, and a CVD investigation on aluminum extrusions from China, Indonesia, Mexico and Turkey. While several marine products were exempted from the final scope of the investigation, many products remain impacted. However, with the ITC's ruling, the AD/CVD rates will no longer go into effect.
Earlier this month, the Department of Commerce (Commerce) finalizedits AD investigation on aluminum extrusions from Colombia, Ecuador, India, Indonesia, Italy, Malaysia, Mexico, China, South Korea, Taiwan, Thailand, Turkey, the UAE, and Vietnam, and a CVD investigation on aluminum extrusions from China, Indonesia, Mexico and Turkey. While several marine products were exempted from the final scope of the investigation, many products remain impacted. However, with the ITC's ruling, the AD/CVD rates will no longer go into effect.
NMMA, working with outside counsel, submitted several formal comments to the agencies throughout this process and met with dozens of key congressional and committee staff to raise the concerns of the potential impact the tariffs would have on the industry.
The ITC will release its final report by December 10, and NMMA will continue to engage should the petitioners file an appeal of the decision. In the meantime, if you have any questions or comments, please contact NMMA director of federal government relations, Clay Crabtree at [email protected].