U.S. To Launch New Chinese Steel Probe - News Summed Up

U.S. To Launch New Chinese Steel Probe


The Department of Commerce is expected to launch a formal investigation Monday into whether Chinese steel companies are shipping steel through Vietnam to avoid U.S. import tariffs, according to a person familiar with the matter. The decision to investigate follows a complaint in September from U.S. steelmakers, and is an escalation of U.S. efforts to stop a glut of China-made metal from flooding U.S. markets. The inquiry could result...


Source: Wall Street Journal November 06, 2016 20:43 UTC



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