Recently we have been learning about all the ways that the Chinese Communists have been subverting the intent of Trump's wink & nod "tariffs." There is some growing evidence that the billions and billions of Chinese products that come in to California every month are being mis-labeled, hidden inside of other items, you name it...in order to "trick" the Comminefornia customs agents who are "inspecting" them to prevent them from having the correct amount of duty applied to them.
Now, we are learning of another ChiCom subterfuge...and this one comes in one of the highest dollar-value items that we get from them..rolled steel. Steel is, of course, the back bone of any industrial economy, and U.S. steel makers have suffered the brunt of the free TRAITORS' "free trade" schemes over the past four-five decades. Just visit the "rust belt" through Pennsylvania and Ohio and you'll see what I mean.
Now, the Chicoms have taken to having their Vietnamese communist counterparts helping them to cheat us.
(Courtesy of project-syndicate.org.)
Check out this article:
Here is an important excerpt:
"The Commerce Department has issued steep final duties on imports of certain cold-rolled steel products from Vietnam that are produced with Chinese material, determining that Vietnamese exporters have been circumventing existing antidumping and countervailing duty orders imposed by the U.S.
Commerce has yet to issue details on the ruling, but a DC-based law firm and other sources say it will soon announce duties of roughly 240 percent and 450 percent on imports of Vietnamese corrosion-resistant (CORE) and cold-rolled steel (CRS), respectively, for products that use material produced in China.
The duties will be applied retroactively to Nov. 4, 2016, the date Commerce initiated the circumvention proceedings, according to a May 18 statement from the law firm Wiley Rein. CORE and CRS products manufactured in Vietnam using substrate that is not of Chinese origin are not subject to them."
(Image courtesy of nationalreview.com.)
To summarize, China was supplying the VietCong with W.I.P. (Work in Progress) partially-processed steel, Vietnam was adding a few finishing touches, and of course, THEIR LABELS, and sending it on to the USA as "Made in Vietnam" when the vast majority of the contained value was CHINESE in origin.
I'm telling you...never trust a COMMUNIST.
Don't trust them in the universities teaching your kids, and don't trust them in trade relations. AND..certainly NEVER trust them in military treaties.
(Is it for real..or mere campaign fodder?)
One of only two of Trump's biggest pro-American MAGA policies--trade-- (along with the "border wall" which still isn't being built, btw) that still has any hope of actually producing any type of MAGA results is his publicly "tough stance" against Communist China when it comes to trade. The jury is still out on whether or not even this is just more "dog & pony show" for the most deceived of his deceived "base," or whether it will actually benefit America.
Commerce is saying that they will slap retro-active duties on all this crap. If they do, (and get paid) then maybe...maybe...we will get some benefit from the Trump administration beyond re-militarizing the police, forced vaccinations, and red flag gun seizures.
But don't hold your breath...That great "trade deal" they are negotiating right now with China?...chances are it will wipe out all these temporary duties anyway.
You watch.