Advertisement

US Hikes Tariffs on Chinese Steel Exported via Vietnam

The U.S. government has hiked import tariffs on some steel imports from Vietnam that they said originated in China and evaded anti-dumping duties on Chinese steel. The U.S. government has hiked import tariffs on some steel imports from Vietnam that they said originated in China and evaded anti-dumping duties on Chinese steel. |  Photo: WDIO-TV file photo

Created: May 22, 2018 03:45 AM

WASHINGTON (AP) - The U.S. government has hiked import tariffs on some steel imports from Vietnam that they said originated in China and evaded anti-dumping duties on Chinese steel.

Advertisement – Content Continues Below

The Commerce Department said Monday that importers will be required to post deposits to pay possible duties of 39 to 256 percent of the value of steel imported from Vietnam that is made with materials from China.

The department said the imports are "circumventing the antidumping and countervailing duty" charges imposed on Chinese-made steel beginning in 2015 to offset what Washington says are improper government subsidies.

U.S. steel producers complained imports of Chinese-made steel through other countries soared after anti-dumping charges were imposed.

Copyright 2018 The Associated Press. All rights reserved.

Advertisement
Advertisement
Relay Media Amp

St. Mary's Medical Center Offers New Frostbite Treatment

House Dems Introduce Measure to Block Trump's Emergency Declaration

The 45th Slumberland American Birkebeiner kicks Off

Cass County Man Faces Stalking, Child Pornography Charges

Forest Service Relaunching Online BWCA Permit Reservations

Walz Discusses Infrastructure Investments at Legislative Breakfast for Duluth Days

Advertisement