Canada extends Vietnam-origin steel sheet deadline
Canada extends Vietnam-origin steel sheet deadline
Early in 2023, the Canada Border Services Agency (CBSA) announced the reopening of anti-dumping and anti-subsidy investigations for Vietnam-origin corrosion-resistant steel sheets. The findings of this investigation are set to be announced on July 17.
The Trade Remedies Authority of Vietnam (TRAV) has recently received notification that the CBSA will revise its deadline in the case of an anti-dumping duty order imposed on corrosion-resistant steel sheets originating from Vietnam.
The CBSA will conclude its information collection on June 15 and the due date for litigants to submit their arguments is June 22. Stakeholders will have until June 29 to submit their comments. The investigation's findings will be released on July 17. the TRAV advocates that stakeholders take prompt action to investigate the latest CBSA updates.
According to World Trade Organisation statistics, Canada had investigated 362 related cases and imposed 230 trade remedies by the end of June 2022. According to data from the Ministry of Industry and Trade, Canada has initiated investigations into 18 trade remedy cases involving Vietnamese exports as of the end of last year. Canada currently imposes duties on seven Vietnamese imports, including carbon-welded steel pipes, cold-rolled steel, reinforced concrete, copper pipe junctions, anti-corrosion steel plates, oil pipelines, and upholstered seats.
In November 2019, the CBSA began an anti-dumping and anti-subsidy probe into anti-corrosion steel products imported from Turkey, the United Arab Emirates, and Vietnam.
The examining agency gave an order in November the following year to impose taxes on Vietnamese imports with rates varying from 2.3 to 71.1 per cent and not subject to CTC. This tax rate is in effect for five years, beginning on November 17, 2020.
