(Andrew Mayeda – Bloomberg)
The US Commerce Department has deferred a decision on whether China should be treated as a market economy until after President Donald Trump’s visit to the Asian nation next month (November).
The Commerce Department on Thursday (Oct 5) delayed a decision on whether to impose preliminary duties on aluminium foil imports from China to penalise Chinese suppliers from selling the product in the US at less than fair-market value.
The department said it will announce its determination on the anti-dumping probe, along with a decision on China’s non-market economy status, no later than Nov 30. The department launched the review in April. Click here to read more.