Elevating U.S. residence costs, disrupting provide chains and killing off manufacturing jobs are usually not amongst President Biden’s acknowledged financial targets. However you wouldn’t realize it from the Commerce Division’s newest commerce “treatment.”
In June Commerce assigned a preliminary 323% antidumping obligation on quartz made by Vintage Group, one of many largest Indian suppliers to the U.S. Quartz from one other 51 Indian suppliers faces a brand new U.S. obligation of almost 162%. Commerce just lately held hearings on the matter and has till Nov. 1 to make a closing ruling.