The US imposed a 25% tariff on all imported steel and aluminum, which has officially come into effect.
Release time:
2025-03-12
On March 12, 2025, Beijing time, according to reports from CNN and Reuters, on March 12, local time, US President Donald Trump's measure to impose a 25% tariff on all steel and aluminum imported into the United States officially took effect.
CNN reported that this measure may increase the Price of consumer goods and industrial products in the United States.
On February 10, Trump signed an executive order announcing a 25% tariff on all steel and aluminum imported into the United States.
This move by the United States has undoubtedly had a huge impact on the global steel industry, and China, as the world's largest steel producer, has been greatly affected by the increase in tariffs.
Baihui Machinery, as a manufacturer focusing on continuous casting rolls for many years, facing such a severe market, will follow the pace of national policies, and is determined and confident to continue to provide supporting processing services for steel plants.
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