Blog
The United States resumes imposing steel and aluminum tariffs on some trading partners
On the evening of February 10, Eastern Time, the US government announced that it would resume imposing 232 steel and aluminum tariffs on previously exempted trading partners, and further increase import tariffs on aluminum products. This action violates multilateral trade rules and WTO rulings and has had an impact on the global supply chain.
2025-02-27
The country injects capital to support the development of the local steel industry
On February 16, London time, the UK Department of Business and Trade announced a plan to inject 2.5 billion pounds (about 3.155 billion US dollars) to support the development of the local steel industry, encourage domestic infrastructure projects to give priority to the use of domestic steel, and promote the green transformation of steel production enterprises to cope with the challenges brought by US steel and aluminum tariffs.
2025-02-27