Industry News

China Demands US Lift Steel, Aluminum Tariffs After WTO Ruling -- Commodities Roundup

Views : 104
Update time : 2023-08-17 20:36:25

China Demands U.S. Lift Steel, Aluminum Tariffs After WTO Ruling

China's Commerce Ministry has demanded the U.S. immediately lift tariffs imposed on Chinese steel and aluminum products after the World Trade Organization ruled in favor of Washington against Beijing in the nations' tariff dispute.

A WTO dispute settlement panel said Wednesday that China acted "inconsistently" with the WTO obligations by imposing additional duties on some U.S. imports in response to U.S. tariffs on steel and aluminum.

Related News
Read More >>
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Apr .25.2025
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Nickel Price Update: Q1 2025 in Review Nickel Price Update: Q1 2025 in Review
Apr .25.2025
Nickel Price Update: Q1 2025 in Review
Higher steel prices benefiting Region steel mills Higher steel prices benefiting Region steel mills
Apr .25.2025
Higher steel prices benefiting Region steel mills
Vale's net profit drops 17% on lower iron ore prices Vale's net profit drops 17% on lower iron ore prices
Apr .25.2025
Vale's net profit drops 17% on lower iron ore prices