The European Union announced Wednesday that it will impose duties on a list of U.S. products, worth approximately €2.8 billion, in response to the U.S.’s steel and aluminum tariffs. The 25% duty will go into effect Friday, June 22. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The U.S.’s 25% duty on […]
Category: Global Trade
This Morning in Metals News: E.U. to Impose Tariffs on U.S. Goods
This morning in metals news, the European Union plans to import retaliatory tariffs against the U.S. this week, Canada is considering aid to auto companies in light of proposed U.S. auto tariffs and President Trump’s trade adviser defends the administration’s tariff strategy. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook E.U. […]
Canadian Chambers of Commerce Express Support for Government Response to U.S. Trade Actions
In a letter dated June 18 to Canadian Prime Minister Justin Trudeau, Canadian Chamber of Commerce CEO and President Perrin Beatty — along with nine heads of provincial Chambers of Commerce — wrote to express “support for the government’s efforts to defend Canadian interests in the face of unprecedented trade actions by the United States […]
China Ministry of Commerce Spokesperson: U.S. Tariffs Are ‘Blackmailing’
Despite a brief window last month in which trade tensions between the U.S. and China seemed to have deescalated, said tensions have resumed apace in recent days. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook On Friday, the U.S. announced the list of just over 1,100 products worth $50 billion that […]
Norway Requests Consultations With U.S. on Steel, Aluminum Tariffs
Norway became the latest country to request consultations at the World Trade Organization (WTO) with the U.S. over its Section 232 steel and aluminum tariffs. The dispute complaint was circulated to WTO members June 19. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook “In Norway’s view, the additional tariffs imposed by […]
This Morning in Metals: Energy Companies Seek Steel Tariff Exemptions
This morning in metals news, energy companies are lobbying for exemptions from the U.S. steel tariff, U.S. steel exports dropped in April compared with the previous month, and steel and iron ore prices fell by the greatest amount since March. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Asking for Exemptions […]
USTR Announces 25% Tariff Targeting 1,102 Chinese Imports
This past Friday, the Office of the United States Trade Representative (USTR) released the list of Chinese goods targeted for an additional 25% tariff, marking a critical step in the Trump administration’s Section 301 probe that has investigated what it perceives to be unfair Chinese trade practices. Need buying strategies for steel? Try two free […]
This Morning in Metals: India Responds to U.S. Tariffs
This morning in metals news, India has plans to impose tariffs on U.S. goods in response to the latter’s steel and aluminum tariffs, workers at the Port Talbot facility in Wales are wary of the impacts of the U.S. steel tariff and copper approaches a two-week low. Need buying strategies for steel? Try two free […]
Week in Review: Palladium-Platinum Spread, Domestic Steel and the June MMI Report
Before we head into the weekend, let’s take a look at the week that was and some of the storylines dominating the world of metals here on MetalMiner: Need buying strategies for steel? Try two free months of MetalMiner’s Outlook MetalMiner’s Taras Berezowsky took a look at the gold price, the palladium-platinum spread and more. […]
This Morning in Metals: Trump Announces $50M in Tariffs on Chinese Goods
This morning in metals news, Trump announces $50 billion in tariffs on Chinese goods, China responds to warn retaliatory tariffs are imminent and E.U. members are supportive of retaliatory measures against the U.S.’s Section 232 tariffs. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Trump Announces $50M in Tariffs on China […]
