China's Iron and Steel Association says US tariff increase to impact global supply chain
ReutersFeb 13, 2025 8:53 AM
HONG KONG, Feb 13 (Reuters) - China's Iron and Steel Association said the 25% tariff increase on all steel and aluminum imports to the U.S. would have an adverse impact on the supply chain of the global steel industry, including China's steel industry, state broadcaster China Central Television reported on Thursday.
The U.S. move may lead other countries to follow suit, thereby reducing the competitiveness of China's steel exports, it said.
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