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SA's International Trade Commission proposes implementation of sweeping tariffs on imported steel products, following industry review

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Manage episode 502932229 series 2825637
Content provided by SAfm. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SAfm or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

The International Trade Commission of South Africa (Itac) is proposing the implementation of sweeping tariffs on imported steel products. Earlier this year, Itac announced the largest tariff review in its 22-year history in response to threats by ArcelorMittal South Africa (Amsa) to close down its steel mills in Newcastle and Vereeniging, due to a flood of cheap imports from Asia. Steel products will see increases up to their World Trade Organisation (WTO) bound rates, of between 10% and 30%, according to a preliminary notice published last week by the International Trade Administration Commission (Itac). Sakina Kamwendo spoke to XA Global Trade Advisors MD, Donald MacKay

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9143 episodes

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Manage episode 502932229 series 2825637
Content provided by SAfm. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SAfm or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

The International Trade Commission of South Africa (Itac) is proposing the implementation of sweeping tariffs on imported steel products. Earlier this year, Itac announced the largest tariff review in its 22-year history in response to threats by ArcelorMittal South Africa (Amsa) to close down its steel mills in Newcastle and Vereeniging, due to a flood of cheap imports from Asia. Steel products will see increases up to their World Trade Organisation (WTO) bound rates, of between 10% and 30%, according to a preliminary notice published last week by the International Trade Administration Commission (Itac). Sakina Kamwendo spoke to XA Global Trade Advisors MD, Donald MacKay

  continue reading

9143 episodes

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