Starting from April, these countries will adjust import tariffs and product requirements!

U.S. President Donald Trump’s measure of imposing a 25% tariff on all steel and aluminum imports to the U.S. officially took effect on March 12, local time, and canceled the tariff-free quotas and exemption policies for certain trading partners.

The European Union plans to tighten steel import restrictions starting in April by reducing quotas by 15% to prevent cheap steel from flooding the EU market after being subjected to U.S. tariffs. According to the new rules, products within the quota will not be subject to tariffs, but any imports beyond the quota will be taxed at a 25% tariff. In 2024, the EU imported approximately 60 million tons of steel, with 30 million tons within the duty-free import quota.

On March 18, the Indian Ministry of Commerce issued an announcement suggesting a temporary “safeguard” tariff of 12% on various steel products. The statement noted that this temporary steel tariff would take effect when imports of steel products threaten the domestic steel industry or cause permanent damage.

On March 19, the South Korean government announced a steel industry crisis response plan to help related enterprises cope with the increasingly severe international steel trade situation. The plan includes implementing origin management for imported steel to prevent and combat the evasion of anti-dumping measures.