Trade Cases

CRU: Mexico imposes import tariffs on Vietnamese steel
Written by CRU Americas
January 2, 2024
The Mexican government has placed anti-subsidy (CVD) duties of almost 80% on cold-rolled (CR) sheets from Vietnam, with the caveat that if the importer can prove the steel comes from a country other than China then it is exempt from the levy.
Following an investigation lasting nearly two years, the Ministry of Economy concluded there was sufficient evidence imports of CR steel originating in Vietnam were conducted under conditions of price discrimination, causing a threat of injury to the domestic industry, according to media reports.
The probe was requested by local producer Ternium Mexico claiming unfair international trade practices by way of price discrimination.
The ministry imposed CVD tariffs of 11.64% for imports from Hoa Phat, 25.64% from Posco Vietnam, and 79.24% from all other exporters.
This article was first published by CRU. Learn more about CRU’s services at www.crugroup.com.
CRU Americas
Read more from CRU AmericasLatest in Trade Cases

SMU Survey: Less support seen for Trump tariff policies
Meanwhile, an increasing number think it's too early to say whether the penalties are going to bring more manufacturing to the US.

CRU: USW seeks exclusion for Canada from Trump’s tariffs
The union is also urging stronger enforcement against countries such as China which break trade rules, and a coordinated Canada-US strategy to protect union jobs across the North America

Price on trade: A lot happened last week – and it wasn’t all about tariffs
Should foreign investment be allowed to reshape the American steel Industry? Not to be lost in the recent on-again-off-again tariff frenzy, Nippon Steel’s proposed takeover of U.S. Steel has also found itself in President Trump’s crosshairs when it comes to trade and industrial policy. Nippon Steel initially announced its nearly $15-billion bid for U.S. Steel […]

Trump signs executive order aimed at making US shipbuilding ‘great again’
President Trump on Wednesday signed an executive order meant to breathe new life into American shipbuilding and curb Chinese dominance in the sector.

Trump still against selling USS to Japanese firm: Report
Despite ordering a new review of Nippon Steel’s bid for U.S. Steel, President Trump said he is still against selling USS to a Japanese company, according to media reports.