The USA expands the tariff list on steel and aluminum, including 407 product categories
According to BlockBeats, the U.S. Department of Commerce has announced the inclusion of 407 product categories in the steel and aluminum tariff list with a tax rate of 50%. The announcement was made on August 19, local time.
The Department of Commerce's statement emphasized the wide range of products affected by the new list. It includes wind turbines and their components, mobile cranes, railway vehicles, furniture, compressors, and pumping equipment, among hundreds of other items.