Global tariff policies tightened across the board last week, dominated by additional duty hikes and extended restrictive measures.

The United States remains the core driver of global trade policy shifts. It has launched a new tariff rebate system to centralize tax settlement, while announcing accelerated Section 301 investigations. A new round of tariff restrictions is set to take effect before July, targeting China, the EU, South Korea, Vietnam and other regions. Focusing on manufacturing capacity and trade compliance, further tariff increases remain on the table.

Pakistan finalized the sunset review on its anti-dumping measures against China’s continuous casting billets, maintaining a 24.04% anti-dumping duty for five years, raising export barriers for China’s steel products.

The EU has continued its steel industry protection strategy, curbing overseas imports through import quotas paired with high tariffs.