Foreign media reported: "Malaysia announced on Saturday (July 5) that it would impose temporary anti-dumping duties on certain steel products imported from China, South Korea, and Vietnam, with rates ranging from 3.86% to 57.90%."
This move comes just before the 90-day grace period for reciprocal tariffs imposed by the Trump administration on more than 180 countries and regions expires on July 9, revealing its "balanced" calculation — attempting to show favor to the United States through trade protection in order to gain leeway in the tariff game. However, this "balance technique" that sacrifices the interests of other countries is essentially drinking poison to quench thirst. In the current context of weak global economic recovery, wielding the big stick of anti-dumping measures at will ultimately harms one's own interests.
Original article: https://www.toutiao.com/article/1836778681920588/
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