An employee looks on at steel rolls at a factory in Nantong, in China’s eastern Jiangsu Province, on March 1, 2022. STR/AFP via Getty Images
Vietnam has imposed anti-dumping duties on certain hot-rolled coil steel products from China, dealing a blow to Beijing’s ongoing efforts to use neighboring countries as transshipment points to disguise the origin of its exports and circumvent punitive tariffs.
The new tariff, ranging from 23.1 percent to 27.83 percent, took effect on July 6 and will remain in place for five years, Vietnam’s Ministry of Industry and Trade announced on July 7.
