Nov 28, 2017

U.S. going after China's aluminum dumping

China's Xi Jinping Photo: Pool photo / AP

Commerce Secretary Wilbur Ross has announced that the Commerce Department today "self-initiated" antidumping and countervailing duty investigations of aluminum imports from China, which Ross claims have been dumped and subsidized to the detriment of U.S. manufacturers, CNBC reported.

Why it matters: China and some US free traders will scream "trade war," but self-initiated AD/CVD cases, while rare, are still permitted (and governed) by World Trade Organization rules, and Ross promised them back in his confirmation hearings. So this move is far less controversial than the investigations into steel and aluminum imports earlier this year which were initiated on national security grounds. The Trump administration will nevertheless hold these investigations up as a fulfillment of Trump's "America First" promises to crack down on unfair trade, and China's complaints will probably help their public case.

Why "self-initiated" matters: Most of the time, these cases are adjudicated by the U.S. government following a U.S. industry petition claiming injury from a foreign nation's subsidies or a private company's dumping. By self-initiating, the U.S. will play both plaintiff and judge. This will understandably set off diplomatic and geopolitical alarms, but the cases will still follow standard procedures under U.S. law and WTO rules.

What's next: This kicks off a year-long process of fact-finding on Chinese dumping/subsidization and "material injury" to U.S. manufacturers. If the U.S. finds that Chinese companies have been selling dumped (sold at prices below fair value) or subsidized imports that have hurt the U.S. aluminum industry, the U.S. will impose duties on those imports.

Go deeper: Back in July, Mike Allen reported that Trump was reigning in his tariff temptation.

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Mass shooting in Milwaukee: What we know

Milwaukee Mayor Tom Barrett in 2012. Photo: John Gress/Corbis via Getty Images

Six people died in a shooting at the Molson Coors Brewing Company in Milwaukee on Wednesday, including the gunman, Mayor Tom Barrett told reporters at a Wednesday evening press conference with local police.

Details: All of the victims worked at the brewery complex, as did the shooter who died of "an apparent self-inflicted gunshot wound," police confirmed in a statement late Wednesday.

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Coronavirus updates: South Korea case count tops 2,000

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

33 people in California have tested positive for the coronavirus, and health officials are monitoring 8,400 people who have recently returned from "points of concern," Gov. Gavin Newsom said Thursday.

The big picture: COVID-19 has killed more than 2,850 people and infected over 83,000 others in some 50 countries and territories. The novel coronavirus is now affecting every continent but Antarctica, and the WHO said Wednesday the number of new cases reported outside China has exceeded those inside the country for the first time.

Go deeperArrowUpdated 4 hours ago - Health

Syria's darkest chapter

Family room without a family, in Idlib. Photo: Muhammed Said/Anadolu Agency via Getty Images

The worst humanitarian crisis of Syria’s brutal civil war is colliding today with what could be the war’s most dangerous geopolitical showdown, after at least 29 Turkish troops were killed in an airstrike.

The big picture: The fighting is taking place in Idlib in northwest Syria, where a ferocious Syrian and Russian offensive has displaced 1 million civilians and infuriated Turkey, which borders the region.

Go deeperArrow6 hours ago - World