Trade Cases
Circumvention Decision Put Off to Oct. 30
Written by John Packard
October 17, 2017
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.
John Packard
Read more from John PackardLatest in Trade Cases
Price: Expect new trade shocks as Trump’s ‘reciprocal’ tariff negotiations continue
President Trump cast a wide net with the proposed, reciprocal tariffs. The negotiating stage will be critical to determining the success of his strategy. And for those suffering tariff whiplash, don’t expect the pace of change to slow down just because the reciprocal tariffs are entering a negotiating phase.
SMU Survey: Less support seen for Trump tariff policies
Meanwhile, an increasing number think it's too early to say whether the penalties are going to bring more manufacturing to the US.
CRU: USW seeks exclusion for Canada from Trump’s tariffs
The union is also urging stronger enforcement against countries such as China which break trade rules, and a coordinated Canada-US strategy to protect union jobs across the North America
Price on trade: A lot happened last week – and it wasn’t all about tariffs
Should foreign investment be allowed to reshape the American steel Industry? Not to be lost in the recent on-again-off-again tariff frenzy, Nippon Steel’s proposed takeover of U.S. Steel has also found itself in President Trump’s crosshairs when it comes to trade and industrial policy. Nippon Steel initially announced its nearly $15-billion bid for U.S. Steel […]
Trump signs executive order aimed at making US shipbuilding ‘great again’
President Trump on Wednesday signed an executive order meant to breathe new life into American shipbuilding and curb Chinese dominance in the sector.