The nation’s trade commission had decided to ask the country’s finance minister to impose as much as about 38% provisional anti-dumping duties on Chinese hot-rolled thick steel plates from next month.
South Korea's industry ministry said on Thursday it has provisionally decided to impose up to 38% tariffs on Chinese steel plate imports after an investigation into alleged dumping of the steel product used in shipbuilding and construction.
Vietnam will impose anti-dumping tariffs on steel from China, following South Korea and other nations in fighting back against surging supplies from the world’s biggest producer.
Larger buildings require more steel in their framing and foundations, so apartments and condos will likely be more impacted by the tariffs.
Employees at breweries in Massachusetts say they are faced with a difficult decision with looming tariffs on aluminum and steel.
Vietnam will impose a temporary anti-dumping levy of up to 27.83% on some steel products from China, according to a trade ministry document seen by Reuters.
Jonathan Reynolds told the BBC the impact of the 25% tariffs which could come into force in March "would be negative for ourselves, it would be negative for the US as well." He said the UK was in a different trading position to other nations and could offer "very specialised" steel and aluminium exports the US needs,
U.S. President Donald Trump said on Friday he would not mind if Nippon Steel took a minority stake in U.S. Steel , but noted the Japanese company was considering purchases of U.S. Steel's debt.
US President Donald Trump is set to impose 25% taxes on steel entering America "without exceptions".
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No matter how dead Nippon Steel’s bid to buy U.S. Steel might look, don’t rule out a victory by the Japanese suitor just yet. President Trump opposes the deal. But he also has changed his mind about TikTok,