Labor Union 'Suspends' Short-Lived Bid for Safeguard Duties on Unwrought Aluminum
The United Steelworkers on April 22 withdrew a recently filed petition for Section 201 safeguard duties on unwrought aluminum from China, “suspending” its bid for additional duties as high as 50 percent to address factory closures due to global overcapacity,…
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it said (here). The labor union says many in industry opposed the safeguard petition, putting their “short-term interests over the long-term viability of the sector,” said its statement. “This opposition could have resulted in no relief for the remaining domestic industry and our members.” Nonetheless, the short-lived petition “sparked long-overdue discussions that we hope will lead to a coordinated effort to address” Chinese overcapacity and market-distorting behavior,” said Sen. Ron Wyden, D-Ore., according to the USW statement. The April 18 petition sought four years of safeguard duties starting at 50 percent on primary unwrought aluminum (see 1604180021).