Tag #Aluminum

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theglobeandmail.com

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Mar 26, 16:12

Trump Tariffs Trigger Hundreds of Canadian Layoffs

President Trump's tariffs on steel and aluminum have led to the layoff of hundreds of Canadian workers, with companies like Canada Metal Processing Group and Algoma Steel announcing job cuts; unions expect the impact to reach 100,000 workers, and economists warn of broader economic consequences.

Trump Tariffs Trigger Hundreds of Canadian Layoffs

President Trump's tariffs on steel and aluminum have led to the layoff of hundreds of Canadian workers, with companies like Canada Metal Processing Group and Algoma Steel announcing job cuts; unions expect the impact to reach 100,000 workers, and economists warn of broader economic consequences.

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How does Canada's position as the top steel supplier to the U.S. contribute to the severity of the job losses caused by the tariffs?

The Canadian job losses are a direct consequence of President Trump's protectionist trade policies. Canada, being the top steel supplier to the U.S., is disproportionately affected by these tariffs. The broader economic impact includes decreased business investment and increased uncertainty for workers, highlighting the interconnectedness of the North American economy.

english.kyodonews.net

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Mar 14, 04:09

Japan Seeks Tariff Exemption Amidst U.S. Trade Pressure

Japanese Foreign Minister Takeshi Iwaya voiced concern to U.S. Secretary of State Marco Rubio over President Trump's new tariffs on steel, aluminum, and potential auto tariffs, requesting an exemption for Japan and highlighting the importance of the U.S.-Japan alliance; the meeting follows previous ...

Japan Seeks Tariff Exemption Amidst U.S. Trade Pressure

Japanese Foreign Minister Takeshi Iwaya voiced concern to U.S. Secretary of State Marco Rubio over President Trump's new tariffs on steel, aluminum, and potential auto tariffs, requesting an exemption for Japan and highlighting the importance of the U.S.-Japan alliance; the meeting follows previous ...

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How does President Trump's criticism of the U.S.-Japan security treaty and trade imbalance influence ongoing trade negotiations?

The imposition of tariffs reflects President Trump's protectionist trade policies, aiming to reduce the U.S. trade deficit and bolster domestic industries. Japan's significant car exports to the U.S. (1.37 million vehicles in 2024, representing 28.3% of its total exports to the U.S.) make it particularly vulnerable to the auto tariffs. Trump's criticism of the security treaty and trade imbalance further underscores the strained relationship.

kathimerini.gr

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Mar 13, 01:15

US Tariffs Trigger Global Trade War

The U.S. implemented tariffs on steel and aluminum imports on Wednesday, prompting immediate retaliatory threats from Europe (\$26 billion) and Canada (\$30 billion), causing market uncertainty and recession fears.

US Tariffs Trigger Global Trade War

The U.S. implemented tariffs on steel and aluminum imports on Wednesday, prompting immediate retaliatory threats from Europe (\$26 billion) and Canada (\$30 billion), causing market uncertainty and recession fears.

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What are the immediate economic consequences of the new U.S. steel and aluminum tariffs?

The U.S. imposed new tariffs on steel and aluminum imports on Wednesday, impacting various sectors from sporting goods to automotive and chemical industries. Markets reacted negatively, with increased recession fears. The move intensifies Trump's trade policy aimed at restructuring global trade to benefit the U.S.

theglobeandmail.com

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Mar 13, 04:09

Trump's Tariffs on Steel and Aluminum to Hike Auto Industry Costs

President Trump's 25% tariffs on imported steel and aluminum, including auto parts, will significantly raise costs for the North American auto industry, prompting retaliatory tariffs from Canada and the European Union, potentially impacting global supply chains and leading to inflation and job losse...

Trump's Tariffs on Steel and Aluminum to Hike Auto Industry Costs

President Trump's 25% tariffs on imported steel and aluminum, including auto parts, will significantly raise costs for the North American auto industry, prompting retaliatory tariffs from Canada and the European Union, potentially impacting global supply chains and leading to inflation and job losse...

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What are the immediate economic consequences of the new steel and aluminum tariffs on the North American auto industry?

President Trump's 25% tariffs on imported steel and aluminum, including auto parts, will increase costs for both American consumers and businesses. This is particularly impactful for the North American auto industry, which relies on integrated, free-trade supply chains. Canada and the European Union have retaliated with their own tariffs, escalating the trade conflict.

cnnespanol.cnn.com

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Mar 13, 19:11

Trump's Tariffs to Increase Prices for U.S. Consumers

President Trump's 25% tariffs on aluminum and steel, implemented in March 2023, are expected to increase prices for various consumer goods in the U.S., impacting companies like Campbell's, Coca-Cola, General Motors, Whirlpool, and Pentair, as steel and aluminum are used in countless products.

Trump's Tariffs to Increase Prices for U.S. Consumers

President Trump's 25% tariffs on aluminum and steel, implemented in March 2023, are expected to increase prices for various consumer goods in the U.S., impacting companies like Campbell's, Coca-Cola, General Motors, Whirlpool, and Pentair, as steel and aluminum are used in countless products.

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What is the immediate impact of President Trump's tariffs on aluminum and steel on U.S. consumers?

President Trump's 25% tariffs on aluminum and steel, implemented in March 2023, will likely increase prices for numerous consumer goods in the U.S. Steel and aluminum are used in countless products, from cans to cars, and much of this material is imported. Companies like Campbell's and Pentair have already announced price increases to offset rising costs.

forbes.com

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Mar 12, 16:14

Trump's New Steel and Aluminum Tariffs Prompt EU Retaliation

President Trump's new 25% tariff on steel and aluminum imports to the U.S. takes effect Wednesday, impacting major importers like Canada, and prompting retaliatory tariffs from the European Union targeting Republican-held states.

Trump's New Steel and Aluminum Tariffs Prompt EU Retaliation

President Trump's new 25% tariff on steel and aluminum imports to the U.S. takes effect Wednesday, impacting major importers like Canada, and prompting retaliatory tariffs from the European Union targeting Republican-held states.

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How do the current tariffs compare to the 2018 tariffs imposed by President Trump, and what were the consequences of the previous tariffs?

The tariffs are a continuation of Trump's protectionist trade policies, aiming to boost domestic steel and aluminum production. However, past tariffs (2018) resulted in job losses in industries reliant on imported metals (75,000 jobs lost, per a 2020 study), while costing taxpayers over \$900,000 annually per job saved.

theglobeandmail.com

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Mar 22, 13:14

Trump Tariffs Cripple Quebec's Aluminum Industry

President Trump's 25% tariffs on Canadian aluminum and steel have severely impacted Quebec's 1700 aluminum product companies, forcing layoffs, reduced work hours, and lost US contracts, highlighting the vulnerability of smaller businesses to unpredictable trade policies.

Trump Tariffs Cripple Quebec's Aluminum Industry

President Trump's 25% tariffs on Canadian aluminum and steel have severely impacted Quebec's 1700 aluminum product companies, forcing layoffs, reduced work hours, and lost US contracts, highlighting the vulnerability of smaller businesses to unpredictable trade policies.

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What are the immediate and specific economic consequences for Quebec's aluminum industry resulting from the 25% US tariffs on Canadian aluminum and steel?

Trump's 25% tariffs on Canadian aluminum and steel have significantly impacted Quebec's 1700 aluminum product companies, forcing layoffs, reduced hours, and lost contracts with US customers. Companies like Bousquet Technologies and Cyrell AMP, which relied heavily on US sales, have already implemented cost-cutting measures and altered production schedules.

cnnespanol.cnn.com

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Mar 14, 19:15

US Tariffs Hit Small Breweries: Rising Costs and Uncertain Future

US tariffs on aluminum and steel are immediately impacting Nashville's TailGate Brewery, increasing costs and forcing difficult decisions, as the craft brewing industry already faces pandemic-related challenges, supply chain disruptions and industry consolidation.

US Tariffs Hit Small Breweries: Rising Costs and Uncertain Future

US tariffs on aluminum and steel are immediately impacting Nashville's TailGate Brewery, increasing costs and forcing difficult decisions, as the craft brewing industry already faces pandemic-related challenges, supply chain disruptions and industry consolidation.

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What is the immediate impact of the new US tariffs on aluminum and steel on small businesses, specifically within the craft brewing industry?

The 25% US tariffs on aluminum and steel are immediately impacting TailGate Brewery in Nashville, increasing costs across their production and sales. All suppliers have issued price increase notices, forcing the brewery to absorb some costs and potentially reduce profit margins to remain competitive. This situation highlights the ripple effect of tariffs on small businesses.

theglobeandmail.com

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Mar 13, 13:11

Ontario Officials Head to Washington Amid Canada-U.S. Trade War

Ontario Premier Doug Ford and Finance Minister Dominic LeBlanc will meet with U.S. Commerce Secretary Wilbur Ross on Thursday in Washington to discuss the ongoing trade war between Canada and the U.S., following Ontario's brief imposition and subsequent withdrawal of a 25% electricity surcharge on t...

Ontario Officials Head to Washington Amid Canada-U.S. Trade War

Ontario Premier Doug Ford and Finance Minister Dominic LeBlanc will meet with U.S. Commerce Secretary Wilbur Ross on Thursday in Washington to discuss the ongoing trade war between Canada and the U.S., following Ontario's brief imposition and subsequent withdrawal of a 25% electricity surcharge on t...

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What are the immediate impacts of the Canada-U.S. trade dispute on both countries?

Ontario Premier Doug Ford and Finance Minister Dominic LeBlanc will travel to Washington on Thursday to meet with Commerce Secretary Wilbur Ross to discuss the ongoing trade war between Canada and the United States. The meeting follows Ontario's brief imposition and subsequent removal of a 25 percent electricity surcharge on three U.S. states, a move that prompted a retaliatory threat from President Trump. The U.S. tariffs on steel and aluminum, which took effect Wednesday, are also on the agenda.

abcnews.go.com

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Mar 13, 04:09

Canada Imposes $20.7 Billion in Retaliatory Tariffs Against US

Canada announced CA$29.8 billion (US$20.7 billion) in retaliatory tariffs against the U.S. on Thursday, targeting various goods in response to new U.S. tariffs on steel and aluminum; this action follows President Trump's continued threats of annexation and economic coercion, escalating an existing t...

Canada Imposes $20.7 Billion in Retaliatory Tariffs Against US

Canada announced CA$29.8 billion (US$20.7 billion) in retaliatory tariffs against the U.S. on Thursday, targeting various goods in response to new U.S. tariffs on steel and aluminum; this action follows President Trump's continued threats of annexation and economic coercion, escalating an existing t...

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What are the immediate economic consequences of the newly imposed Canadian tariffs on US goods?

On Wednesday, Canada announced retaliatory tariffs totaling CA$29.8 billion (US$20.7 billion) against the United States in response to new U.S. tariffs on steel and aluminum. These tariffs, effective Thursday, target various U.S. goods including computers and sports equipment, and are in addition to existing counter-tariffs. This escalates an ongoing trade dispute.

bbc.com

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Mar 12, 22:13

EU Retaliates Against Trump Tariffs with $26 Billion in Countermeasures

The EU responded to President Trump's 25% tariffs on steel and aluminum by imposing countermeasures on $26 billion of US exports, including jeans, motorbikes, peanut butter, bourbon, and more, effective April 1st, potentially raising prices for European consumers.

EU Retaliates Against Trump Tariffs with $26 Billion in Countermeasures

The EU responded to President Trump's 25% tariffs on steel and aluminum by imposing countermeasures on $26 billion of US exports, including jeans, motorbikes, peanut butter, bourbon, and more, effective April 1st, potentially raising prices for European consumers.

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What immediate impact will the EU's countermeasures have on US businesses and consumers?

On Wednesday, the EU retaliated against President Trump's 25% tariffs on steel and aluminum with countermeasures targeting \$26 billion of US exports, affecting products from jeans to bourbon. These measures, effective April 1st, will likely lead to higher prices for consumers in Europe.

welt.de

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Mar 12, 07:12

Trump Imposes 25% Tariffs on All Steel and Aluminum Imports"

President Donald Trump implemented 25 percent tariffs on all steel and aluminum imports, eliminating previous exemptions, triggering threats of retaliatory measures from the European Union, and citing national security concerns and accusations of unfair trade practices by China. Approximately 25 per...

Trump Imposes 25% Tariffs on All Steel and Aluminum Imports"

President Donald Trump implemented 25 percent tariffs on all steel and aluminum imports, eliminating previous exemptions, triggering threats of retaliatory measures from the European Union, and citing national security concerns and accusations of unfair trade practices by China. Approximately 25 per...

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What specific justifications did President Trump provide for implementing these tariffs, and what is the extent of US reliance on imported steel and aluminum?

Trump's justification centers on national security concerns stemming from excessive steel and aluminum imports, accusing China of flooding the market with cheap metal. Approximately 25 percent of US industrial steel and over 40 percent of aluminum are imported; the US primarily sources steel from Canada, Brazil, and Mexico, with Germany and China among the top ten importers of steel into the US. These tariffs represent a significant escalation in trade tensions.

Showing 49 to 60 of 160 results