Tag: USCIT
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High Tariffs on South Korean Steel Imports into U.S. likely to be lowered
According to the latest updates, U.S. Court of International Trade (USCIT) has prohibited the ‘Particular Market Situation’ (PMS) which is a method the U.S. Department of Commerce (DoC) has used in imposing high tariffs on South Korean steel. Subsequently South Korean steel companies are anticipating that the court’s recent decision will help them avoid massive…