This morning in metals news, China responds to the U.S.’s Section 232 tariffs with $3 billion in tariffs on U.S. goods, several firms put in new bids for the distressed Essar Steel, and President Donald Trump and Japanese Prime Minister Shinzo Abe will meet this month to discuss trade. Need buying strategies for steel? Try […]
Tag: tariffs
This Morning in Metals: India Asks for Exemption from U.S.’s Steel, Aluminum Tariffs
This morning in metals news, India wants to get a waiver from the U.S.’s Section 232 tariffs on steel and aluminum, uncertainty for craft beverage makers, and the U.S. Trade Representative said he is hopeful a new North American Free Trade Agreement (NAFTA) deal can be reached soon. Need buying strategies for steel? Try two […]
This Morning in Metals: Aluminum, Steel Go at it in Drive for EV Market Share
This morning in metals news, aluminum and steel compete in the electric vehicle (EV) market, copper stocks on the Shanghai Futures Exchange are surging and the list of Chinese products that could be subject to tariffs might include aerospace components. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Aluminum vs. Steel […]
Tariffs Are About More Than U.S. Jobs
President Trump’s announcement that he could impose 25% tariffs on $60 billion of Chinese imports is ostensibly about the massive and growing trade imbalance between the U.S. and China — but one senses that underneath is a deeper and even more significant power play going on. Need buying strategies for steel? Try two free months […]
This Morning in Metals: E.U. Wants Permanent Exemptions From Section 232 Tariffs
This morning in metals news, the E.U. is looking to make its exemption from the U.S.’s Section 232 steel and aluminum tariffs permanent, reports indicate Tata Steel’s bid for Bhushan Steel could be as much as $5.3 billion, and China announced plans to impose tariffs on a number of U.S. goods in response to President […]
Trump Signs Memo Paving the Way for Possible $60B in Tariffs on Chinese Imports
President Trump lobbed another salvo in the administration’s trade strategy, moving to sign an order that paves the way for tariffs on China potentially amounting to as much as $60 billion, he said Thursday, covering approximately 1,300 products, according to administration officials cited in media reports (the list has yet to be released). Need buying […]
This Morning in Metals: DOC Issues Final Affirmative Determination in Steel Wire Rod Case
This morning in metals news, the U.S. Department of Commerce issues a final affirmative determination in its anti-dumping and countervailing subsidy investigation of carbon and alloy steel wire rod from five countries, LME copper pushes away from a three-month low and the E.U. is hopeful it can win at least temporary exemptions from the U.S. […]
U.S. in Talks with Countries Regarding Potential Tariffs Exemptions
U.S. Trade Representative (USTR) Robert Lighthizer, speaking before the House Ways and Means Committee Wednesday morning, addressed a wide range of issues regarding the Trump administration’s trade policy agenda, including steel and aluminum tariffs exemption negotiations with a number of countries. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook In the […]
This Morning in Metals: Tariffs Exemption Talks Continue
This morning in metals news, the U.S. is in talks with several nations regarding possible exemptions from its steel and aluminum tariffs, Shanghai copper hits a six-month low Wednesday and the U.S. drops a bargaining point in the ongoing North American Free Trade Agreement (NAFTA) renegotiation talks. Need buying strategies for steel? Try two free […]
U.S. Trade Associations Urge President Not to Impose Tariffs on China
In a letter from 45 U.S. trade associations sent to President Trump Sunday, the associations urged the president to avoid imposing tariffs on China because they would negatively impact the U.S. economy and consumers, according to a Reuters report. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook According to a Bloomberg […]
