On July 2, 2019, the U.S. Department of Commerce (DOC) announced three preliminary affirmative circumvention of Anti-Dumping Duty (ADD) or Countervailing Duty (CVD) rulings on exports of steel products from Vietnam.
According to the press release, the circumvention rulings cover steel products that were first produced in Taiwan and Korea, shipped to Vietnam for minor processing, and then exported to the U.S.
The applicable cash deposit rates will be as high as 456.23% and will apply to future imports and retroactively on unliquidated entries filed on or after August 2, 2018.
The DOC press release may be found here:
