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Steel & Metal
- China -

China Implements 125 Percent Tariffs on US Goods Amid Trade Tensions

On April 12, China will impose an additional 41 percent tariff on imports from the US, raising the overall tariff rate to 125 percent, as announced by the State Council Tariff Commission. This move significantly affects American goods' access to the Chinese market. In response, China has stated it will disregard further tariffs imposed by the US on its exports.

Meanwhile, US officials have confirmed that China will face a minimum tariff rate of 145 percent on all exports to the US. This tariff includes a recent 125 percent increase, following a previous 20 percent tariff imposed by Trump on Chinese goods. These developments escalate trade tensions between the two nations.

Iron ore futures extend gains as China outlines stricter steel capacity controls

Baosteel Q3 net profit jumps 130% on demand recovery and resilient exports

LME proposes permanent curbs on large nearby positions amid depleted stocks, zinc squeeze

China lifts curbs on Hancock Prospecting’s MB fines purchases, easing iron ore trade friction

China’s CISA mills lift early‑October crude steel output 7.5%; inventories also climb

India’s steelmakers seek relief from import curbs as H1 met coke shortfall widens

China iron ore futures slip; Tangshan concentrate prices steady amid tight supply

Indonesia suspends all scrap metal imports after radioactive contamination detected

Serbia asks EU to exempt it from proposed new steel tariffs and quota cuts

U.S. judge signals approval of Rio Tinto’s $138.75 million Oyu Tolgoi investor settlement

Rio Tinto says strong Q4 needed to hit iron‑ore target after Q3 shipments of 84.3 mt; China demand firm

ArcelorMittal’s M&A chief in South Africa for talks on sale of local unit, sources say

EU plan to halve steel import quotas and double out‑of‑quota tariff to 50% raises Indian export risk

Copper tops $11,000/t on LME as supply disruptions and fund buying lift prices