South Africa Imposes Tariffs on Chinese, Thai Steel Imports
Johannesburg News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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South Africa imposes steep anti-dumping tariffs on Chinese and Thai structural steel imports, aiming to safeguard its ailing local steel industry. The measures, endorsed by Trade Minister Parks Tau, will last five years and impact Amsas rail and structures unit, Amras, leading to job cuts. Similar duties target flat-rolled steel products from China, Japan, and Taiwan. These tariffs reflect South Africas stance against unfair trade amidst a significant trade deficit with China.
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