Trump, Tariff
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The United States is highly reliant on steel imports, bringing in more of the material from abroad than any other country in the world, according to the International Trade Administration. More than 26 million metric tons of steel were imported last year, most of which came from Brazil, Canada, Mexico, South Korea, and China.
US tariffs on steel and aluminum doubled to 50% as of 12:01 am ET on Wednesday, a move cheered by the beleaguered US steel industry but decried by heavy users of the metals, from car makers to can ...
NEW YORK — U.S. President Trump has promised to hike nearly all of his tariffs on foreign steel and aluminum to a punishing 50% Wednesday, a move that would hammer businesses from automakers to ...
The 50% steel and aluminum tariffs could lead to higher prices on everything from cars to home and office supplies. Latest U.S.
The steel and aluminum tariffs restore and expand similar steps that Mr. Trump put in place in 2018, which ushered in several long-running trade spats. Mr.
The tariffs on steel and aluminum aren't new. In fact, it was Trump who implemented them during his first term in office. At the time, Trump put only a 10% tariff on aluminum and permitted some ...
How Trump's steel, aluminum tariffs will affect Americans 05:23. President Trump is again turning to tariffs to advance his trade agenda, signing new orders to place 25% import duties on all steel ...
A steelworker at Steel Speed fabrication shop in Ontario. President Trump said on Sunday that he would impose a 25 percent tariff on foreign steel and aluminum imports, including those from Canada ...
Researchers found that Trump’s 2018 round of 25 percent steel and aluminum tariffs helped add about 1,000 steel-production jobs but also contributed to the loss of 75,000 jobs in U.S. manufacturing.
The 50% tariffs, doubled from 25%, could boost U.S. steel and aluminum producers but hurt businesses that make things out of the metals. Trump's 2018 metal tariffs are a case study.
Trump originally imposed a 25 percent tariff on all steel imports and a 10 percent tariff on all aluminum imports in 2018. Those were imposed under Section 232 of the 1962 Trade Expansion Act and ...
President Donald Trump has launched a wave of Section 232 tariffs and investigations, seeking to protect U.S. national security. These nine graphics show the scale and structure of U.S. reliance on