U.S. slaps heavy duties on Chinese steel shipped from Vietnam
2018-05-25 11:35:13 [Print]
The U
US steel makers won the 2015 and 2016 rulings on anti-dumping and anti-countervailing duties against China's steel. However, they later discovered that steel products have been transferred to the United States in large quantities from elsewhere . They claim that Chinese steel products have been transferred to other countries and entered the US market to avoid tariffs.
In the statement, the U.S . Department of Commerce announced that it will impose anti-dumping duties of 199 . 76% and anti-countervailing duties of 256 . 44% on imports of cold-rolled steel from Vietnam but using Chinese-origin substrates.
In addition, anti-corrosion steel imported from Vietnam will also be levied with 199.43% anti-dumping duties and 39 . 05% countervailing duties.
The U.S . Department of Commerce pointed out that Vietnam's corrosion-resistant steels and cold-rolled steels originating from Chinese hot-rolled steel will also face the same anti-dumping and anti-countervailing duties.
. S . Department of Commerce announced on May 21st that it will impose heavy import tariffs on steel products from Vietnam . This is a great victory for American steel makers.
US steel makers won the 2015 and 2016 rulings on anti-dumping and anti-countervailing duties against China's steel. However, they later discovered that steel products have been transferred to the United States in large quantities from elsewhere . They claim that Chinese steel products have been transferred to other countries and entered the US market to avoid tariffs.
In the statement, the U.S . Department of Commerce announced that it will impose anti-dumping duties of 199 . 76% and anti-countervailing duties of 256 . 44% on imports of cold-rolled steel from Vietnam but using Chinese-origin substrates.
In addition, anti-corrosion steel imported from Vietnam will also be levied with 199.43% anti-dumping duties and 39 . 05% countervailing duties.
The U.S . Department of Commerce pointed out that Vietnam's corrosion-resistant steels and cold-rolled steels originating from Chinese hot-rolled steel will also face the same anti-dumping and anti-countervailing duties.