Aluminum Sheets From People’s Republic of China LTFV Amendment

Explanation

A Ministerial error was made in the estimated weighted-average dumping margin, Commerce has since amended.  The only respondant for which a rate was calculated was Henan Mingtai AI Industrial Co. Ltd. and Zhengzhou Mintai Industry Co Ltd. which are collectively referred to as “Mingtai” in the notice.  17 Entities and China-Wide entity were determined to have a weighted-average antidumping duty margin of 91.47.  The rate is calculated based on mandatory respondent data and was not found in need of corroboration.  The scope of the investigation covered Common alloy sheets made from the ASTM or any other specification, flat-rolled aluminum product thickness between 6.3 mm and 0.2 mm, in coils, cut to length and with no limitation on width.  Aluminum can stock is excluded from the investigation and defined in gauge and temper.

Significance

When an importer sells items at lower than normal or fair value, they increase a competitive advantage so much it becomes a disproportionate bargaining power for one entity, this reduces competition as domestic participants may not be able to arrive at a similar price legally.

It is important that imports are regulated to avoid supporting crimes such as fraud and money laundering, regulation of imports helps deter illegal activities.

When prices increase on imports, it increases the costs on suppliers.  Suppliers receiving higher costs may pass these price increases to consumers in order to compensate.

International trade is important as it allows countries to work together and support distant economies, creating jobs, wealth, and international cooperation.

Entrepreneurs should be aware of changing regulations as they are a big component of barriers to entry.  If a regulation changes rules significantly, than it can be either a challenge or opportunity for entrepreneurs hoping to enter a market.

Changes in commercial environment within an industry can impact participants in difference ways.   Some changes may be easy to adjust to, some may change an industry significantly.  Market Leaders have a separate team to monitor and plan management actions in the legal and regulatory environment.

China has seen caution around it’s Made In China 2025 Initiative.  The initiative is bold in its goal to obtain a majority market share and market leader position in the export of high-tech manufactured goods.  Reasoning for the scrutiny, revolve around the preservation of fair and balanced trade, and the impact on developing economies who depend on the manufacturing sector to support their local economies.

Disclaimer

THIS IS NOT LEGAL ADVICE.  THIS IS COMMENTARY ON REGULATION.

Regulations can be a source of opportunity, as they make a major part in the determination of barriers to entry.  An industry or practice is difficult to enter if there is a significant amount of regulative procedures and requirements, versus when restrictions are removed an opportunity may be presented.  In this way we are doing our small part to encourage an informed people.

We start from modest beginnings but continue to identify, develop, and research opportunity and strategy for entrepreneurs, to better develop business ideas.

 

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