Colombia Joins the Global Wave of Tariffs on Chinese Steel

El Pais

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The tariffs are fashionable, also in Colombia. Last Monday, Gustavo Petro’s government imposed a 35% tax – the maximum allowed by the WTO – on imports of steel and metallurgical products from countries with which it does not have a trade agreement. The measure, which will enter into force on March 31, points to several names: China (the largest source of imports), Russia, Turkey and India are mentioned in the text. “This is not a restrictive mea…

Valora Analitik

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Photo: Guillermo Herrera, president of Camacol After the announcement by the government of Gustavo Petro about tariffs on steel and metal, the Colombian Chamber of Construction, Camacol, warned about the negative consequences, but in view of the lack of response by the executive, has decided to sue. Guillermo Herrera, president of Camacol, reported: “We made the decision to sue the decree of tariffs because we do not find that there is a technic…