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  • 2 days ago
Japan has announced that it will impose temporary tariffs on cold-rolled steel products from China and Taiwan. The decision comes after Japan launched an anti-dumping investigation earlier this month into whether foreign producers are selling steel at unfairly low prices.
Transcript
00:00On Friday, Japan announced temporary tariffs on cold-rolled steel products from China and Taiwan.
00:06Earlier this month, Japan launched an anti-dumping investigation into the sector.
00:10Although the investigation is not over, the country's economic ministry did say domestic firms could be suffering from unfairly cheap
00:18import competition.
00:19Tariffs on Taiwanese products would be up to 21 percent, while those from China would face up to 45 percent.
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