Tag: USA Import Tariff
-

Indonesia Producers Brace for Possible Chinese Steel Glut If U.S. Applies Duties
A plan by the U. S. to apply hefty tariffs on steel and aluminium imports may prompt China to hunt for new buyers for their products elsewhere, including in Indonesia, putting pressure on the country’s industry which is already struggling to increase output. While Indonesian steel makers can benefit from cheaper raw materials as U.S.…