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    CRU: Countries start protecting steel in world of 25% US tariffs

    Written by CRU


    India’s trade investigation body has recommended imposing a 12% provisional safeguard duty on steel products for 200 days; South Korea has pledged to act to prevent the circumvention of anti-dumping (AD) duties on imported steel; and Britain’s steel majors say they are losing customers in the US.

    These developments come at a time when the global trading system has been shaken up by US President Donald Trump’s greater use of tariffs, including employing Section 232 legislation to impose a 25% levy on steel from all countries to protect national security.

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