The United States announced on Tuesday the imposition of tariffs on some imported stainless steel products from 10 countries to combat trade dumping.

The Department of Commerce said in a statement that it had issued its final affirmative determinations in antidumping duty (AD) and countervailing duty (CVD) investigations on certain corrosion-resistant steel products (CORE) from Australia, Brazil, Canada, Mexico, the Netherlands, South Africa, Taiwan, Turkey, the United Arab Emirates, and Vietnam.

In remarks included in the statement, Under Secretary of Commerce for International Trade, William Kemmet, explained that American steel companies and workers deserve to compete on a level playing field.

He added that the tariffs announced today demonstrate that the administration of (U.S. President Donald) Trump will rigorously enforce U.S. trade laws and will not tolerate unfairly traded goods in the American market.

The statement indicated that the decision covers "imports valued at an estimated $2.9 billion and supports the continued prosperity of American steel production."

It noted that corrosion-resistant steel products are used in the manufacturing of automobile frames, appliances, commercial and residential buildings, as well as other construction applications essential for American consumers and to ensure the continuity of strong manufacturing jobs across the United States.

It is worth mentioning that anti-dumping duties are customs tariffs imposed by a country on an imported product sold at a price lower than its normal value (dumping price) in the country of origin. This aims to compensate for the damage caused to the competing local industry and to correct unfair competition.

These duties protect national industries and enable them to compete fairly. They fall under the World Trade Organization (WTO) agreement against dumping.