This morning in metals news, the Office of the United States Trade Representative (USTR) dished out criticism for a global steel forum and its efforts toward curbing excess steel capacity, Chinese steel rebar prices are up and Walmart warns tariffs could result in price increases. Need buying strategies for steel? Request your two-month free trial […]
Tag: USTR
Trump Administration Hits $200 Billion in Chinese Imports with 10% Tariff
The Trump administration announced after markets closed Monday that it would go through with the imposition of a 10% tariff on $200 billion worth of Chinese goods. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The tariffs — stemming from the United States Trade Representative’s (USTR) Section 301 investigation of […]
This Morning in Metals: Next Round of U.S. Tariffs on China Set to Go Into Effect
This morning in metals news, $16 billion in tariffs on imports of Chinese goods will go into effect tomorrow, optimism from the Mexican side is high with respect to a NAFTA deal and steel demand in India is pushing the global total toward a new record. Need buying strategies for steel? Try two free months […]
This Morning in Metals: USTR Moves Forward With $16B in Tariffs
This morning in metals news, the Office of the United States Trade Representative announced it will move forward with $16 billion in tariffs on Chinese imports (out of an initially announced total of $50 billion in tariffs), Chile posted solid copper exports in July and U.S. raw steel production data is in for the week […]
This Morning in Metals: USTR to Consider Tariff Rate Bump on $200B China Import List
This morning in metals, United States Trade Representative Robert Lighthizer released a statement regarding the news of a potential increase in the tariff rate on the previously proposed list of $200 billion worth in Chinese goods, China responds and Secretary of Commerce downplays the potential impact of the tariffs. Need buying strategies for steel? Try […]
This Morning in Metals: Lighthizer Says Canada is National Security Threat in Steel
This morning in metals, U.S. Trade Representative (USTR) Robert Lighthizer said Canada is a national security threat with respect to steel, the U.S. posted 4.1% GDP growth in Q2 and The Coca-Cola Company says it is raising prices on account of the Trump administration’s 10% aluminum tariff. Need buying strategies for steel? Try two free […]
USTR Hearings on Proposed $16B in Tariffs Begin Days After Trump’s $500B Threat
After last week’s hearings on the Department of Commerce’s Section 232 investigation of automobile and automotive part imports, this week the Office of the United States Trade Representative (USTR) will holding public hearings on the proposed list of items to be subjected to tariffs pursuant to Section 301. Need buying strategies for steel? Try two […]
This Morning in Metals: China’s No. 1 Steel City Begins Five-Day Industry Cuts
This morning in metals, China’s biggest steel city has ordered five-day output curbs to tackle pollution, the deputy USTR criticized Indian retaliatory tariff measures and it was another down week for copper. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Tangshan Launches Cuts Ahead of Expected Smog China’s top steelmaking city, […]
This Afternoon in Metals: U.S. Tariffs on China Go Into Effect
This afternoon in metals news, the first batch of $34 billion in U.S. tariffs on Chinese goods went into effect Friday, China looks to build its relationship with Europe amid increasing trade tension with the U.S. and the United States Trade Representative released the guidelines for the exclusion application process regarding Section 301 tariffs. Need […]
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 […]
