US anti-circumvention case against Vietnam: Game-changer or “whack-a-mole”?

The US Commerce Department’s affirmative ruling in duty-circumvention cases targeting cold-rolled and coated flat-rolled steel from Vietnam could be a "game-changer" for the domestic steel industry, according to some industry analysts.

A final determination from the department in the anti-circumvention cases against Vietnam is due on February 16, 2018.
For now, the Trump administration’s next step should be taking action on its long-delayed Section 232 investigation into steel imports, U.S. Steel said on Wednesday December 6.
“This decision presents an encouraging sign for the steel industry and should put other countries and companies on notice that their cheating will no longer be tolerated,” the Pittsburgh-based steelmaker said. “We urge Secretary [Wilbur] Ross and President [Donald] Trump to continue to aggressively crack down on unfairly traded steel imports, including immediate and broad action in the Section 232 investigation on steel imports and national security.”
A key report in the Section 232 investigation is due in mid-January. The administration has missed a series of self-imposed and rumored deadlines to impose broad tariffs and quotas via the Section 232.

Published

Michael Cowden

December 06, 2017

21:37 GMT

Chicago