The United States Announced That It Would Impose Additional Tariffs On Steel Appliances Starting On The 23rd

On June 12, it was learned that the U.S. Department of Commerce announced that it would impose tariffs on a variety of steel household appliances, including "steel derivatives" such as dishwashers, washing machines and refrigerators, from June 23. It is reported that the 50% tariff set for most countries will affect the import of these steel products. Yesterday, the "Beautiful Country" announced that it would impose tariffs on steel household appliances again. However, according to data from previous years, in 24 years, my country's air conditioners accounted for 10.3% of the United States, refrigerators and washing machines accounted for 17.3% and 8.3% respectively. The overall export volume of domestic household appliances to the United States in 24 years accounted for only about 7.5% of the total domestic and foreign sales of the industry, indicating that my country's overall dependence on exports to the United States is limited, especially since April 25, exports to the United States have fallen by 21% year-on-year, and my country's export targets are still mainly ASEAN, the European Union and the Belt and Road countries. However, recently, the fundamentals of domestic cold-rolled steel have weakened significantly, and prices have fallen significantly compared with other varieties. Some steel mills have switched to medium and thick plates.