The Commerce Department on Monday launched two new investigations into whether Chinese steelmakers are shipping metal to the U.S. via Vietnam to evade U.S. import tariffs. The moves follow complaints made in September by U.S. makers of steel, who say Chinese mills are making steel and then shipping it to Vietnam for processing, in effect laundering the steel as Vietnamese. Vietnam has emerged as the U.S.’s biggest new source...

Source: Wall Street Journal November 07, 2016 21:41 UTC