Trade Cases

Circumvention Decision Put Off to Oct. 30

Written by John Packard


The U.S. government has advised the steel industry that it will delay its preliminary determination on the circumvention trade suit against Vietnam until Oct. 30. The suit alleges Vietnam was assisting China to circumvent the U.S. antidumping and countervailing duties assigned to China in 2015/2016. Domestic steelmakers say the U.S. government should no longer recognize “significant transformation,” which is when a steel mill takes a coil and rolls it to make another steel product. In the case of Vietnam, they were converting Chinese hot rolled substrate to cold rolled and/or coated steels, or they were coating cold rolled to coated products (galvanized and Galvalume).

No reason was provided for the delay. Most likely, the media will not be advised on the determination until Tuesday, Oct. 31.

Latest in Trade Cases

Leibowitz: Trump takes aim at trade with a tariff ‘punt gun’

The tariffs are intended to produce more investment and jobs in US manufacturing. But first, there will be a cosmic change, potentially wiping out millions of jobs in the short run. While administration officials will no doubt cringe at the comparison, it reminds me of the effort to undercut fossil fuels production to address climate change. Led by Democrats, the effort was to destroy fossil fuels so that renewable energy sources would have more space to grow. The result: inflation and electoral defeat in 2024.