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USA Exempt High Tariff On Steel Products
Jun 26, 2018

As know, Washington D C charge imported steel and aluminium products 25% and 10% tariff in this March. Then this policy also take effect to European Union, Mexico and Canada. 

After this policy all took effect, the price of steel products increase sharply. Base price of hot rolled stainless steel coil in Comex increase 53%, compare to steel price in last year.

Base on this, USA decided to turn on green light to steel high tariff to China, Japan, Germany, Switzerland, Belgium.