Tag: trade barriers
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How other Countries have retaliated to Steel Tariffs Imposition by U.S. in March Last Year?
In March last year, when U.S. announced trade restrictions in the form of high import tariffs of 25% and 10% on steel and aluminium respectively, the trade dynamics changed globally. In retaliation to U.S.’s move, the key steel producing and consuming nations European Union, Mexico, Canada and India also imposed various restrictions on their steel…