WASHINGTON (Reuters) - The U.S. Commerce Department on Monday slapped steep import duties on steel products from Vietnam that originated in China after a final finding they evaded U.S. anti-dumping and anti-subsidy orders. The decision marked a victory for U.S. steelmakers, who won anti-dumping and anti-subsidy duties against Chinese steel [...]
Recently, on May 8th, MITI made a decision on amending anti dumping duties on imported CRC products from China, South Korea and Vietnam. CRC originating from China, South Korea and Vietnam is subject to five-year anti-dumping duties, from May 24, 2016, to May 23, 2021. However, recently, MITI has announced the application [...]
On August 10, 2018, President Trump issued a Declaration to regulate steel import policies into the United States. On August 12, 2018, the US Customs and Border Protection Department announced the addition of taxes on steel imported from Turkey under Section 232. Specifically, Turkey will be adjusted the tax rate for imported [...]
Vietnam market is being targeted by many big players in the world market, so imported steel next time is expected to increase. However, the technical barriers is a problem hindering the import of steel. Procedures for importing steel into Vietnam are not too complicated but also an ominous barrier. Steel [...]
The confrontation between the two big players in the steel market is the EU and the USA, combined with tensions between the US and China, has created a shift in the steel industry trade to new markets. Facing that situation, large markets have implemented many policies to protect the domestic [...]
The steel industry has always been considered a main industry of the national economy, so the Government of Vietnam always pays attention to facilitate the development of the steel industry to the utmost with protection policies. Protection policy is expressed through projects to develop steel production systems to improve the [...]
On November 21, the WTO Dispute Settlement Body (DSB) agreed to 7 plaintiffs' requests (including: China, EU, Canada, Mexico, Norway, Russia and Turkey) on Customs tax investigations imposed by the United States on the import of steel and aluminum under Section 232. In addition, DSB agrees with four US [...]
On November 11, the 100th First World War celebrated in France with the participation of leaders of the world's powers. The meeting between the leaders is expected because this may be an opportunity to relieve tension between the Atlantic banks. However, things are not as expected. Mr. Trump, after the busy midterm [...]
Trade defense is gradually becoming a trend that countries around the world are using to protect the domestic production and prevent increase in imports. In addition to measures such as Anti-dumping, Quotas, or Safeguard, many countries have developed Technical standards specific to each steel product in order to limit imports to [...]
Trade war information: In early March 2018, the United States imposed a 25% tariff on steel for all importers of steel into the market. This is like a shot at a lake that is quietly raising the wave of world trade war. Following this move, the EU also initiated investigations [...]