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The Trade Wars Begin: U.S. Imposes 256% Tarriff On Chinese Steel Imports | Zero Hedge

There is one thing that could dramatically slow down China’s metal exports – tariffs, anti-dumping duties and other forms of protectionism.  “What may slow down the exports is anti-dumping and protectionist measures that several countries have taken against cheap imports,” said Ernst & Young’s Agrawal. In other words, a trade war… which is precisely what the U.S. just launched by hiking tariffs on Chinese steel imports by a whopping 256%.

Source: The Trade Wars Begin: U.S. Imposes 256% Tarriff On Chinese Steel Imports | Zero Hedge


Categorised as: interesting

Posted by: Kramer

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