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US imposes $2 billion tariffs on aluminum sheet


Október, 09 2020
watermark Economic news

US Commerce Department chief Wilbur Ross said today that the United States is imposing duties on sheet aluminum goods worth $1.96 billion from 18 countries. The fees are effective immediately.


The list of countries that will be affected by the duty includes Germany, Bahrain, Oman, Brazil, Croatia, Egypt, Greece, India, Indonesia, Italy, Romania, Serbia, Slovenia, South Africa, South Korea, Spain, Taiwan and Turkey.


Back in March, the US Department of Commerce launched an investigation into possible dumping by 18 countries in the US aluminum market.


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.