Jakarta, CNBC Indonesia – The United States (US) government under President Donald Trump surprisingly announced the application of anti-dumping tariffs for sheet aluminum products on Friday (9/10). The imposition of this tariff is equivalent to a value of US $ 1.96 billion for 18 countries, unfortunately Indonesia is included in the list.
However, US Commerce Secretary Wilbur Ross said China was not on the list but was considered to have contributed to the flood of sheet aluminum imports which were considered to have flooded the US market and disturbed the aluminum industry in Uncle Sam’s country.
“What is happening is that there is excess capacity China has dumped into other markets. It has filled up similar products that are being dumped into the US,” Ross said. AFP who launched Fox Business Network.
The tariffs imposed are very high, for example Germany and Brazil are subject to import tariffs of almost 353% and 137%, respectively. So far, the US imported nearly US $ 287 million of sheet aluminum products from Germany in 2019, and US $ 97 million from Brazil.
Apart from those two countries, as reported Reuters, there are Bahrain, Croatia, Egypt, Greece, India, Indonesia, Italy, Oman, Romania, Serbia, Slovenia, South Africa, South Korea, Spain. Taiwan and Turkey.