Trade Friction Is Still Expanding, Actively Respond To New Challenges in The Export Of Aluminum Products

In 2024, there will be 5 more anti-dumping or double reverse investigations against Chinese aluminum products, involving aluminum and aluminum products. The "301" measures of the United States against China have been upgraded again, the scope of sanctions has been further expanded, and the tariffs on most aluminum products and some aluminum products have been raised to 25%. The United States has adjusted its import policy from Mexico, stipulating that the main or secondary production source countries of primary aluminum used in aluminum products imported from Mexico are "China and Russia", or the melting and casting links in the above countries will impose tariffs in accordance with the "232 investigation", and China's aluminum products exports will be affected to a certain extent; Canada has proposed a 25% additional tariff on some Chinese aluminum products.

At present, the momentum of global economic growth is still weak, and potential risks still exist. Geopolitical conflicts, international trade frictions, green trade barriers, and value trade issues pose certain challenges to the resilience and stability of the global industrial chain and supply chain. Traditional barriers such as anti-dumping, countervailing, and safeguard measures are increasing. New barriers on the grounds of national security, human rights, and green are common; Tariff and non-tariff barriers proliferate. In addition, the "new three" areas highly related to the aluminum industry have also become the focus of various trade sanctions.

China is the world's largest exporter of aluminum and aluminum products. Establishing a scientific and effective response system and fighting for the right to speak internationally are an indispensable part of creating a good foreign trade environment. In November 2024, in response to Thailand and Israel's anti-dumping investigations on Chinese aluminum profile products, the China Nonferrous Metals Industry Association led the development of industry damage defense, fully promoted the response to trade friction, and maintained a fair and just international trade environment.