India will impose a 12% duty on steel imports to counter cheap Chinese steel influx

[India to impose 12% tariff to curb Chinese steel imports]

Reuters reported on the 21st, citing sources from the Indian government, that India will impose a temporary tariff of 12% on imported steel to curb the influx of cheap steel from China and other regions. It is said that relevant measures will be announced soon.

In February this year, H.D. Kumaraswamy, India's Minister of Steel, stated that India would impose a temporary tariff of 15%-25% on imported Chinese steel products within the next six months.

Original article: https://www.toutiao.com/article/1830019615752522/

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