bonusgamedownload| China's aluminum products: The United States raises 301 tariffs to 25%, and the China Nonferrous Metals Industry Association expresses dissatisfaction

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The United States raises 301 tariff on ChinaBonusgamedownloadThe tariff on aluminum products will be increased to 25%; China Nonferrous Metals Industry Association expresses its dissatisfactionBonusgamedownloadCalling for immediate correction and elimination of tariffs.

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[the Office of the United States Trade Representative announced an increase in the 301 tariff on China in the report on the fourth anniversary of the 301 investigation]

According to the announcement of China Nonferrous Metals Industry Association on May 15, the Office of the United States Trade Representative released the report on the fourth anniversary of the 301 investigation on May 14, US time. According to the report, the US side has further raised the tax rate on the basis of the original 301 tariff on China. The tax increase involves aluminum products, which will be taxed from 7. 7%Bonusgamedownload.5% to 25%. The move has been condemned by the World Trade Organization (WTO), which has long ruled that tariff 301 violates WTO rules. The China Nonferrous Metals Industry Association expressed strong dissatisfaction with this.

China's aluminum industry has always been based on domestic demand and promote the high-quality development of the global aluminum industry chain supply chain as the core goal. China is in the leading position in the world in smelting and processing technology and equipment, comprehensive AC power consumption of electrolytic aluminum, quality categories and standards of aluminum, supply scale of recycled aluminum, comprehensive utilization of red mud and so on. Although the proportion of China's exports of aluminum products to the United States is not high, however, the trade and cooperation between the industries of the two countries is entirely based on the strong complementarity of the industries of the two countries, fully benefiting from the development needs of enterprises in the downstream industries of the two countries, and in full and fair market-oriented principles. Instead of causing damage to the United States, this cooperation has brought benefits to downstream customers, played a positive role in the development of relevant fields in the United States and the better life of the American people, and effectively promoted the high-quality development of the global aluminum industry.

On behalf of Chinese aluminum enterprises, the China Nonferrous Metals Industry Association strongly called on the United States to immediately correct its erroneous practices and abolish tariff measures on China, so as to safeguard the multilateral trading system with the WTO at its core.