
Nam Kim Steel Joint Stock Company was subjected to a preliminary U.S. anti-dumping duty exceeding 39% on galvanized steel exports
Nam Kim Steel Joint Stock Company was among Vietnamese firms subject to a preliminary U.S. anti-dumping duty exceeding 39% on galvanized steel exports. The high rate resulted from the U.S. not recognizing Vietnam as a market economy, leading to unfavorable tax calculations. Although exports to the U.S. had already slowed since the investigation began, the additional risk of countervailing duties presents ongoing challenges for the company’s export operations.
Nam Kim Steel Joint Stock Company was among Vietnamese firms subject to a preliminary U.S. anti-dumping duty exceeding 39% on galvanized steel exports. The high rate resulted from the U.S. not recognizing Vietnam as a market economy, leading to unfavorable tax calculations. Although exports to the U.S. had already slowed since the investigation began, the additional risk of countervailing duties presents ongoing challenges for the company’s export operations.
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