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American Steelmakers Say China is Dodging Tariffs by Sending Steel Through Vietnam
Alliance for American Manufacturing ^ | Friday, September 23, 2016 | Elizabeth Brotherton-Bunch

Posted on 03/05/2018 1:26:09 PM PST by Zhang Fei

U.S. steelmakers say Chinese steel companies are purposely avoiding U.S. import tariffs by routing their shipments through Vietnam – and they want the Commerce Department to take action to stop it.

U.S. Steel, ArcelorMittal, Nucor Corp., and AK Steel plan to file petitions today and Monday with Commerce, which will have 45 days to decide whether to take up the cases. If Commerce eventually finds that China is evading U.S. tariffs, it could expand tariffs on steel that originates in China but is shipped through Vietnam.

And as the Wall Street Journal reported on Friday, the American steel companies appear to have a pretty strong case:

"Independent trade data appear to lend credence to the steelmaker claims. In the first six months of 2016, shipments of steel from Vietnam to the U.S. increased to 312,329 tons, from 25,756 tons. Over the same period, Chinese exports of steel to Vietnam rose 46% to 6.3 million tons from 4.3 million tons, according to data firm Global Trade Information Services."

(Excerpt) Read more at americanmanufacturing.org ...


TOPICS: Business/Economy; Extended News; Foreign Affairs; News/Current Events
KEYWORDS: canada; china; mexico; steel; tariffs; trade; vietnam
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1 posted on 03/05/2018 1:26:09 PM PST by Zhang Fei
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To: Zhang Fei

China is also sending Aluminum through Mexico.


2 posted on 03/05/2018 1:28:05 PM PST by G Larry (There is no great virtue in bargaining with the Devil)
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To: Zhang Fei

Seems like something analogous to money laundering.


3 posted on 03/05/2018 1:32:44 PM PST by map
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To: Zhang Fei

2016, eh? That would be Obama-era tariffs, right?

Wow. If you listened to the MSM echo-chamber you’d think Donald Trump was the only president who wants to charge tariffs on Chinese steel...


4 posted on 03/05/2018 1:33:45 PM PST by WayneS (An appeaser is one who feeds a crocodile, hoping it will eat him last. - Winston Churchill.)
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To: Zhang Fei

You cannot trust old or new enemies, they remain enemies.


5 posted on 03/05/2018 1:34:34 PM PST by redcatcherb412 (Emerged intact.)
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To: Zhang Fei

It’s customs evasion. Many a GI in Korea has faced the music for selling duty free goods on the ROK economy.


6 posted on 03/05/2018 1:34:58 PM PST by Joe 6-pack (Qui me amat, amat et canem meum.)
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To: Zhang Fei

...and aluminum via Mexico, etc., etc., etc.


7 posted on 03/05/2018 1:35:30 PM PST by cranked
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To: Zhang Fei

Winning!


8 posted on 03/05/2018 1:35:40 PM PST by DungeonMaster (There is nothing new under the sun.)
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To: Zhang Fei

I heard even a year ago, that this is what is happening with some fish foods we eat. China and Vietnam are growing talapia and such in dung, and shipping thru Thailand or other area countries to avoid being caught.


9 posted on 03/05/2018 1:37:18 PM PST by George from New England (escaped CT in 2006, now living north of Tampa)
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To: Zhang Fei

If someone ships through a third country to avoid a tariff, that third country should of course be hit with the very same tariff.


10 posted on 03/05/2018 1:37:44 PM PST by marron
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To: G Larry

Same happens with honey and garlic


11 posted on 03/05/2018 1:37:53 PM PST by PGR88
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To: Zhang Fei

Considering China’s history... in all the southern nations along the south China sea.....when some were populated up to and over 50% chinese.....China has always seen them as conduits for shipping their products. It’s “normal” from ‘their perspective’.


12 posted on 03/05/2018 1:39:52 PM PST by caww
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To: Zhang Fei

Any country ‘colluding’ with China to dump their steel to the US through their countries need to be slapped with tariffs too.


13 posted on 03/05/2018 1:39:57 PM PST by demkicker (My passion for freedom is stronger than that of Democrats whose obsession is to enslave me.)
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To: Zhang Fei

Not just through Vietnam but Canada and Mexico too.


14 posted on 03/05/2018 1:56:48 PM PST by dynoman (Objectivity is the essence of intelligence. - Marilyn vos Savant)
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To: Zhang Fei

Here’s the Canadian prime minister talking about Canada’s steel trade with the US;

http://www.freerepublic.com/focus/f-news/3636689/posts

Canada is the #1 importer of steel to the US. They are a conduit not a manufacturer.


15 posted on 03/05/2018 1:58:59 PM PST by dynoman (Objectivity is the essence of intelligence. - Marilyn vos Savant)
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To: Zhang Fei

China is sending pregnant women by the thousands to USA to give birth on US soil and become automatically US citizen. We are the only industrialized country which gives citizenship to tourists who drop a baby on our soil.


16 posted on 03/05/2018 2:02:53 PM PST by entropy12 (30 Million low wealth, low skill LEGAL chain migrants in 25 years is 60 times worse than DACA)
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To: George from New England

No more Tilapia for me!


17 posted on 03/05/2018 2:04:30 PM PST by entropy12 (30 Million low wealth, low skill LEGAL chain migrants in 25 years is 60 times worse than DACA)
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To: George from New England

growing talapia and such in dung,.....What is wrong with that? Talapia are natural shiteaters. Are now, always have been and I would NOT eat a bite.


18 posted on 03/05/2018 2:12:40 PM PST by Safetgiver (Islam makes barbarism look genteel.)
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To: dynoman

Based on USTR numbers, I suspect Canada does make a lot of steel. Its Chinese imports amounted to about 600m tons. That would be a lot more if it were mainly a conduit.
https://www.trade.gov/steel/countries/pdfs/imports-Canada.pdf

I think the real problem with Chinese dumping is similar to an oil glut. There’s basically one global price for a given commodity, adjusted for grades and transportation costs. Global arbitrage means if China’s price is the cheapest, everyone demands the Chinese price. That’s not good for bottom lines if Chinese steel manufacturers are getting interest-free loans that never have to be paid back.


19 posted on 03/05/2018 2:23:28 PM PST by Zhang Fei (Let us pray that peace be now restored to the world and that God will preserve it always.)
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To: Zhang Fei

When I saw Vietnam on a list of steel exporters to the US, I definitely did a double take. Does Vietnam actually have a steel industry that produces enough to export?


20 posted on 03/05/2018 2:26:40 PM PST by Will88
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