If the aim of President Trump’s 10% import tariff on aluminum was to impact China or to encourage the reshoring of primary aluminum production into the U.S., it has, at least so far, been at best only a partial success. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Just last month, […]
Tag: Australia
Trump Grants Temporary Exemptions From Steel, Aluminum Tariffs for E.U., 4 Others
Amid President Trump’s announcement Thursday morning regarding the ongoing Section 301 investigation vis-a-vis Chinese trade practices, United States Trade Representative (USTR) Robert Lighthizer told the Senate Finance Committee that the European Union and several other trading partners would be granted temporary exemptions from the administration’s Section 232 steel and aluminum tariffs. Need buying strategies for […]
This Morning in Metals: Australia Won’t Join E.U. in Tariff Complaints to WTO
This morning in metals news, Australia doesn’t plan on joining the E.U. in any prospective complaints to the World Trade Organization (WTO) over U.S. tariffs, Chilean miner Codelco signs a deal for a plant in Ecuador and workers at a Peruvian zinc smelter ended their strike over the weekend. Need buying strategies for steel? Try […]
This Morning in Metals: China’s Extension of Production Cuts Boosts Steel, Iron Ore Futures
This morning in metals news, the extension of pollution-curbing efforts in China is offering a boost to iron ore and steel futures, an Australian steel company is nervous about the possibility of Section 232-related steel tariffs from the U.S., and Mexico fined a steel company for stock manipulation. Need buying strategies for steel? Try two […]
This Morning in Metals: U.S. Dept. of Defense Backs Targeted Steel, Aluminum Tariffs
This morning in metals news, the U.S. Department of Defense recently indicated it would prefer targeted tariffs as opposed to a blanket strategy, Australian Prime Minister Malcolm Turnbull will press President Donald Trump on an assurance last year that Australia would be exempted and London copper is down for the week. Buying Aluminum in 2018? […]
