10 Feb 2025
🏗️Preliminary Countervailing Duty on Steel from Vietnam Announced
Certain Corrosion-Resistant Steel Products From the Socialist Republic of Vietnam: Preliminary Affirmative Countervailing Duty Determination, and Alignment of Final Determination With Antidumping Duty Determination
Summary
The U.S. Department of Commerce (Commerce) preliminarily determines that countervailable subsidies are being provided to producers and exporters of certain corrosion-resistant steel products (CORE) from the Socialist Republic of Vietnam (Vietnam) during the period of investigation, January 1, 2023, through December 31, 2023. Interested parties are invited to comment on this preliminary determination.
Agencies
- Commerce Department
- International Trade Administration
Business Impact
$$$ - High
The document outlines the preliminary determination of countervailable subsidies for corrosion-resistant steel products from Vietnam, indicating potential tariffs that business owners and executives in the steel industry may face, influencing pricing and supply chain decisions.