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US steel tariffs could flood South-east Asia with cheap steel, threatening local producers.
US tariffs on steel imports may lead to a surge of cheap steel in South-east Asia, threatening local producers.
The new tariffs remove exemptions for several countries, possibly diverting up to 50% of the steel that would have entered the US to markets in ASEAN.
This, combined with excess Chinese production, could overwhelm the region's struggling steel market.
Industry leaders warn that governments may need to implement protectionist measures to shield local industries from this potential influx.
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Los aranceles del acero de EE.UU. podrían inundar el sudeste asiático con acero barato, amenazando a los productores locales.