Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing 
Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism 
New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes 
U.S. Dollar Slips Near Two-Month Low as Markets Await Key Jobs Data and Central Bank Decisions 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data 
Yesterday, the U.S. Commerce Department said in a statement that it is initiating based on complaints that the exporters of propane cylinders from China, Taiwan, and Thailand are dumping products at a much lower rate and Chinese exporters are receiving countervailing subsidies. The investigations were initiated based on petitions filed by Worthington Industries (Columbus, OH) and Manchester Tank & Equipment Co. (Franklin, TN) on May 22, 2018. The continued actions taken up the Commerce Department suggests that the Trump administration would use all the tools in the toolbox to counter United States’ massive trade deficit with rest of the world. Seeing the response from the U.S. Commerce Department, the local companies are piling up petitions.
According to the statement, the department, the alleged dumping margins are 55.41 to 108.60 percent (China), 27.19 to 66.20 percent (Taiwan), and 47.67 to 122.48 percent (Thailand). The petitioners complained that Chinese exporters have been receiving benefits of 18 subsidy programs.
According to the department’s calculation, imports of steel propane cylinders from China, Taiwan, and Thailand were valued at an estimated $89.8 million, $10.1 million, and $14.1 million, respectively.
The Commerce Department has initiated 118 AD/CVD investigations under Trump administration, which is 59 percent more than under the Obama administration.
