BlockBeats news, on August 20, local time on August 19, the U.S. Department of Commerce announced that 407 product categories will be included in the steel and aluminum tariff list, with a tax rate of 50%.

The Ministry of Commerce stated that the newly added list covers a wide range, including wind turbines and their components, mobile cranes, railway vehicles, furniture, compressors, and pump equipment, among hundreds of other products. (CCTV)