Us Steel Tariffs News - Latest Updates & Headlines
S. Korea to devise response measures to US tariffs on steel this month
Seoul, March 13: Seoul will come up with a response strategy before the end of this month to deal with the United States' 25 per cent tariff on all steel imports and protect the Korean steel industry, the industry minister said on Thursday.
South Korea shifts to emergency response system as US steel tariffs take effect
S: eoul, March 12 (IANS The South Korean government will go into a full emergency response mode as the U.S. tariffs on all steel and aluminum imports went into effect on Wednesday, Seoul's industry ministry said, amid efforts to minimise the impact of new U.S. duties on local industries.
US steel tariffs: India takes key steps to safeguard domestic manufacturers
New Delhi, March 12: The government said it has taken several steps to safeguard the domestic steel manufacturers and to strengthen competitiveness of India's steel industry, as the US announces imposition of 25 per cent tariff on steel and aluminium products on most favoured nation (MFN) basis from March 12.
US tariffs on steel sector unlikely to impact India materially: Crisil
New Delhi, Feb 18: The US tariffs on the steel sector are unlikely to impact India because only 2 per cent of the country's total finished steel exports in the first nine months of this fiscal were to the US, Crisil Intelligence said on Tuesday.
Hike in US steel tariffs poses risk for India but offers opportunity too: ICRA
New Delhi, Feb 12: The Trump administration's hike in tariffs on steel imports coming into the US from countries such as Canada, Brazil, the EU and Asian suppliers like Japan and South Korea could cut both ways for India's domestic steel industry, according to an ICRA report released on Wednesday.
South Korea in close talks with local industries for response to US steel tariffs
Seoul, Feb 11: South Korea's industry ministry said on Tuesday it is closely communicating with local businesses and industry leaders to devise ways to minimize the impact from new U.S. tariffs on steel and aluminium imports that will inevitably affect local manufacturers and exporters.
Sensex, Nifty crash as US steel tariffs weigh on markets
Mumbai, Feb 11: The Indian stock market crashed on Tuesday, with the Sensex and Nifty falling over 1.3 per cent in the afternoon trade, as US President Donald Trump formally announced plans to impose 25 per cent tariffs on all steel and aluminium imports.