Vietnam imposes anti-dumping duty on Chinese steel
The move is aimed at protecting domestic production and ensure the lawful rights of local manufacturers and related industries using such products, said the Vietnam’s trade ministry.
The move is aimed at protecting domestic production and ensure the lawful rights of local manufacturers and related industries using such products, said the Vietnam’s trade ministry.
In case the US unilaterally accelerates the process of imposing more tariffs on Vietnamese exports, this will no doubt cause negative impacts not only on bilateral trading activities, but also the two countries’ relations.
At a time when the Covid-19 pandemic is causing severe impacts on the global economy, trade tensions among economies have escalated and resulted in excessive use of trade protection measures.
Vietnamese products made from local materials or imported from countries other than China could escape anti-dumping sanctions.
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