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Steel producers like Cleveland Cliffs and Steel Dynamics both said this week that they raised prices after President Trump ...
Tariff expenses are starting to pile up for auto manufacturers and suppliers. General Motors Co., for example, said tariffs ...
This is the lowest figure ever negotiated by a country that has a trade surplus with the United States,' says Japanese ...
The price hike is hitting U.S. manufacturers and contractors that rely on steel components.
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.
Steel Dynamics demonstrates a balanced growth model with high operational efficiency, sustainable FCF and a sound debt policy, and the launch of the aluminum segment opens up a new source of profit.
That’s about to double. In a proclamation issued Tuesday, Trump confirmed that the U.S. will begin taxing nearly all steel and aluminum imports at 50% after the clock strikes midnight Wednesday.
Steel and aluminum imports are currently taxed at 25% — a rate that both metals have faced across the board since March 12 when Trump’s order to remove steel exemptions and raise aluminum’s ...
President Trump has raised tariffs on steel and aluminum imports to 50 percent less than three months after imposing a 25 percent tariff on them.He said the move, made Wednesday, would help ...
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.
U.S. prices of steel and aluminium spiked on Monday while shares of foreign steelmakers slumped after U.S. President Donald Trump said he would double tariffs on imports of the two metals to 50%.