The recent reinstatement of a 25% tariff on steel imports by the United States, effective March 12, 2025, aims to protect domestic manufacturing but has significant implications for global trade dynamics, particularly concerning China’s steel exports and the freight vessel industry. Impact on China’s Steel Exports:
China, accounting for more than 50% of the world’s steel … Continue reading Dry Weekly Market Monitor: U.S. Steel Tariffs on Chinese Steel Exports