Yesterday, the U.S. Commerce Department concluded its preliminary anti-dumping investigations into imports of quartz surface products from China and it has found that exporters are dumping the product in the United States at margins ranging from 242.10 to 341.29 percent.
Previously, the Commerce Department had imposed countervailing duties on the above product at rates ranging from 34.38 to 178.45 percent.
As a result of the findings, the commerce department has asked the U.S. customs and border patrol (CBP) agency to collect cash deposits from importers of the item based on these preliminary rates. The final decision will come by January next year.
The investigation was initiated based on petitions filed by Cambria Company LLC (Eden Prairie, MN).
According to the department’s calculations, the imports of quartz surface products from China were valued at an estimated $460 million in 2017.
Under President Trump, the U.S. Commerce Department has significantly stepped up its investigations into foreign malpractices in trade and the number of investigations initiated are 242 percent more than the previous administration.


Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty
South Korea Warns Weak Won Could Push Inflation Higher in 2025
EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks
New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices
FxWirePro: Daily Commodity Tracker - 21st March, 2022
Asian Markets Rebound as Tech Rally Lifts Wall Street, Investors Brace for BOJ Rate Hike
EU Approves €90 Billion Ukraine Aid as Frozen Russian Asset Plan Stalls
Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations 



