U.S. Launches "Double Anti-" Investigation on Chinese Steel Wheel Hub Products
The U.S. Department of Commerce announced on the 17th that it will launch anti-dumping and countervailing ("double reverse") investigations on steel wheel products imported from China. According to the U.S. trade remedy policy process, the U.S. International Trade Commission will make a preliminary ruling around May 11. If the committee decides that there are indications that the above products imported from China pose a substantial threat or damage to the US related industries, the U.S. Department of Commerce will continue the "double reverse" investigation and it is expected that the subsidies and dumping margins will be calculated in June and September respectively. Make a preliminary ruling.