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Chinese Steel Exports Defy Trump’s Section 232 Tariffs

Mark O'Hara
Chinese Steel Exports Defy Trump’s Section 232 Tariffs

Chinese steel exports are important for steel investors. Last month, President Trump slapped a global steel tariff of 25% on all steel imports entering the United States. Although the tariffs were subsequently watered down to exempt some countries that collectively account for almost two-thirds of US steel imports, China is still covered under the tariffs.