U.S. Imposes Duties On Steel From China And Mexico After Investigation

U.S. Imposes Duties On Steel From China And Mexico After Investigation

Assessment

Interactive Video

Business

University

Hard

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The US Commerce Department has imposed duties on fabricated structural steel imports from China and Mexico due to findings of undercutting US manufacturers by pricing below fair market value. An investigation cleared Canada of violations. The findings are preliminary, with final determinations expected next year. Last year, these imports were valued at $1.5 billion.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the maximum duty imposed by the US on fabricated structural steel imports from China?

100%

141%

50%

31%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which country was cleared of possible US dumping law violations?

Mexico

Canada

China

India

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the nature of the findings from the Commerce Department's investigation?

Already implemented

Irrelevant to the case

Preliminary and subject to change

Final and conclusive

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When is the US Commerce Department expected to release its final determinations?

Later this year

Next month

In two years

Early next year

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the approximate value of structural steel imports from China and Mexico last year?

$2 billion

$500 million

$1 billion

$1.5 billion