U.S. in tariff probe of Chinese steel sent through Vietnam: WSJ

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U.S. in tariff probe of Chinese steel sent through Vietnam: WSJ

The development comes after lawyers for four U.S. steel producers said in September that they would file petitions with the department alleging that Chinese competitors diverted shipments to Vietnam immediately after the U.S. government set preliminary anti-dumping duties on their stainless steel. The U.S. firms alleged the Chinese steel was modified to be corrosion-resistant and then sent to the United States at Vietnam's U.S. tariff rate, which is lower than for China. The newspaper said the heart of the issue is whether the steel is modified enough to be a new product made in Vietnam.
The sun sets behind a chimney of a steel mill in Tangshan, Hebei province

http://news.yahoo.com/u-tariff-probe-chinese-steel-sent-vietnam-wsj-020214612–finance.html

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20 comments on “U.S. in tariff probe of Chinese steel sent through Vietnam: WSJ

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