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Raising U.S. home prices, disrupting supply chains and killing off manufacturing jobs are not among President Biden’s stated economic goals. But you wouldn’t know it from the Commerce Department’s latest trade “remedy.”
In June Commerce assigned a preliminary 323% antidumping duty on quartz made by Antique Group, one of the largest Indian suppliers to the U.S. Quartz from another 51 Indian suppliers faces a new U.S. duty of nearly 162%. Commerce recently held hearings on the matter and has until Nov. 1 to make a final ruling.
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