Tag: tariffs
China declares tariffs on stainless steel from EU
China’s Ministry of Commerce will be imposing tariffs for anti-dumping on imports of certain stainless steel tubes from Japan and the European Union (EU). US ITC vote on stainless steel imports
The US International Trade Commission has voted to extend the tariffs on stainless steel sheet and strip imports from Japan, Korea and Taiwan for another 5 years, but voted against continuing tariffs on the same product imports
EU may impose duties on Indian stainless fasteners
The European Union has revived a threat to impose tariffs on screws and bolts from India, citing that EU producers may be victims of subsidies and price undercutting. The EU launched an investigation into whether Indian manufacturers of stainless steel fasteners receive trade distorting government aid and sell the goods in the 27 nation bloc below cost, a practice referred to as dumping.
Steel tariffs scrapped
The White House has lifted controversial tariffs on imported steel 21 months into their projected three-year life span.
US scraps steel tariffs
The US has backed down in the face of threats of international retaliation and rescinded its illegal tariffs on steel imports.
WTO speeds ruling on steel
The World Trade Organization (WTO) will adopt a ruling against US steel tariffs on 1 December.