Rising trade tensions are all the talk these days, stemming from an increasingly complicated web of tariffs, counter-tariffs and World Trade Organization (WTO) disputes, not to mention the ongoing talks surrounding renegotiation of the 24-year-old North American Free Trade Agreement (NAFTA). Need buying strategies for steel? Try two free months of MetalMiner’s Outlook On Wednesday, […]
Tag: tariffs
E.U. Responds to U.S. Tariffs With Duties on Products Worth €2.8B
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 […]
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 […]
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 […]
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 […]
This Morning in Metals: China Posts Record Steel Output in May
This morning in metals news, China produced record steel output in May, ThyssenKrupp is looking to renegotiate its joint venture with Tata Steel, and China threatens to scrap trade deals with the U.S. as the latter gets ready to reveal of a list of Chinese goods that would be targeted for tariffs. Need buying strategies […]
