THE effect of imports on the domestic manufacturing of certain screws, nuts and bolts convinced the International Trade Administration Commission (Itac) to heed industry pleas for a rise in import duties on these products, especially from Asian countries.
Itac increased import duties of 10% ad valorem (according to worth) to 20% ad valorem to enable the industry to recover manufacturing overheads and boost production capacity that has fallen 18% from 2010 to 2012. (…)
via Itac agrees to raise nuts and bolts duty | Trade & Industry | BDlive.