Contract Tracking
Biden administration confirms China 25% steel tariff
Jun. 03, 2024
The Biden administration confirms it will increase the tariff rate on certain China-origin steel and aluminium products under Section 301 from 0-7.5% to 25% in 2024. This follows an in-depth review by the United States Trade Representative. The move is part of ...
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Non-VAT Chinese HRC returns to Vietnam
May. 31, 2024
Low-priced Chinese hot rolled coil has returned to Vietnam this week. These are most likely cargoes which will be exported without full payment of China’s 13% VAT, because other offers for Chinese HRC are higher-priced, trading sources tell Kallanish. VAT-eva...
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