Steel Products
September 12, 2017
Preliminary CVD Duties on Chinese Tool Chests
Written by Sandy Williams
The U.S. Commerce Department today announced an affirmative preliminary determination in the countervailing duty investigation on exports of metal tool chests and cabinets from China. Commerce calculated preliminary subsidy rates ranging from 17.32 percent to 32.07 percent.
U.S. imports of tool chests and cabinets from China were valued at an estimated $989.9 million in 2016, compared to $658.1 million in 2014. The investigation was initiated following a petition filed in April by Waterloo Industries, Sedalia, Mo.
