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From rebar to rockets: China Steel retools for the high-tech era amid rising trade tensions

Following the US Supreme Court ruling that US President Donald Trump had acted unlawfully in invoking the International Emergency Economic Powers Act (IEEPA) to impose sweeping global tariffs, Trump swiftly announced a new across-the-board 15% tariff hike. Taiwanese steelmaker China Steel Corporation (CSC) has stated that the tariff dispute is far from over and may intensify further, requiring close monitoring of future developments.