U.S. Hits Ten Nations with anti-dumping and countervailing duties

The United States has confirmed plans to impose anti-dumping and countervailing duties on corrosion-resistant steel imports, a move that will affect ten countries. The decision follows a lengthy investigation by the U.S. Department of Commerce, which found that foreign steel producers had either sold their products below market value or benefited from unfair subsidies, creating what officials described as an uneven playing field for American manufacturers.

Corrosion-resistant steel, widely used in automobiles, appliances and construction, represents a key segment of global steel trade. The affected imports are valued at nearly USD 2.9 billion, and the ruling means exporters in Australia, Brazil, Canada, Mexico, the Netherlands, South Africa, Taiwan, Türkiye, the United Arab Emirates and Vietnam could soon face steep barriers when selling into the U.S. market.

The move comes at a sensitive time. Exporters already dealing with shifting global demand and trade tensions may now see one of their most important markets restricted. Industry analysts warn that if the duties are confirmed, suppliers could lose competitiveness in the U.S., forcing them to seek alternative buyers in Asia and Europe.

The next step lies with the U.S. International Trade Commission (ITC), which will decide whether American steelmakers have suffered “material injury” as a result of these imports. If the ITC affirms the Commerce Department’s findings, the duties will formally take effect. Should that happen, industries reliant on corrosion-resistant steel from carmakers to construction firms may feel the ripple effects through higher prices and tighter supply.

Beyond economics, the move underscores the increasingly protectionist stance in Washington. While aimed at defending domestic industry, such measures risk straining relationships with allies, including Australia. Questions also loom over whether affected nations might challenge the decision through the World Trade Organisation or press for relief via bilateral talks.

As global trade continues to shift under rising tariffs and competitive pressures, all eyes will now be on the ITC’s ruling. The outcome will determine not only the future of steel exports but also the tone of trade relations between the U.S. and its partners in the months ahead.