Tag: Import tariffs
-
Where does U.S. Steel Market Stands after a Year of Import Tariffs Imposition?
In March 2018, world’s one of the largest steel-consuming nation, U.S. had imposed tariffs of 25% on steel imports under Section 232 of Trade Expansion Act of 1962 on the grounds of national security stating that these restrictions are necessary in order to protect the country’s domestic steel industry from the rising imports. Now after…