Tag #Steel Tariffs

Showing 25 to 36 of 71 results

theglobeandmail.com
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Trump's Tariff Hike Triggers Stock Market Dip

President Trump's announcement on Friday to double tariffs on imported steel and aluminum to 50%, starting Wednesday, caused U.S. stock index futures to dip, amplifying concerns about trade volatility and reversing recent positive market sentiment. The Dow, S&P 500, and Nasdaq all saw significant de...

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bbc.com
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Trump Doubles Steel and Aluminum Tariffs to 50%

President Trump announced that the US will double tariffs on steel and aluminum imports to 50%, starting Wednesday, to boost the domestic steel industry and decrease reliance on China, alongside a reported $14 billion investment in Pennsylvania steel production through a partnership between US Steel...

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64% Bias Score

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elmundo.es
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US Tariffs and Energy Crisis Hit Spanish Steel Industry

The Spanish steel industry is facing significant financial losses due to US tariffs and energy policy failures, totaling €800 million; this situation highlights the challenges faced by European manufacturers due to global trade wars and energy costs.

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40% Bias Score

Industry, Innovation, and Infrastructure
theglobeandmail.com
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Canadian Steelmakers Seek Trade Barriers Amidst US Tariffs and Foreign Dumping

Facing reduced US market access due to US tariffs, the Canadian Steel Producers Association is urging the Canadian government to impose new trade barriers against foreign steel dumpers to protect domestic producers from cheap foreign steel flooding the Canadian market, as demand outstrips domestic p...

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48% Bias Score

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theglobeandmail.com
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Algoma Steel Profits Despite Tariffs, Eyes "Buy Canadian" Boost

Despite new U.S. tariffs on Canadian steel imports, Algoma Steel remains profitable due to higher steel prices and anticipates further growth from a potential Canadian "Buy Canadian" mandate; the company also invests $740 million in new electric arc furnace technology to improve efficiency and reduc...

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cbsnews.com
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25% Tariff on Steel and Aluminum to Hike Prices of Consumer Goods

A 25% tariff on U.S. steel and aluminum imports will raise prices on numerous consumer goods, including cars, appliances, canned foods, and construction materials, with significant impacts on various industries and consumers.

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48% Bias Score

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us.cnn.com
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Trump Doubles Steel Tariffs to 50%

President Trump announced a 50% tariff on steel imports, effective June 4th, aiming to protect American steelworkers, building on his March 12th imposition of a 25% tariff. This decision follows a deal allowing Nippon Steel to acquire a controlling stake in US Steel, with US government oversight.

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64% Bias Score

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bbc.com
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Trump Doubles Steel and Aluminum Tariffs, Jeopardizing Trade Talks

President Trump unexpectedly doubled US tariffs on steel and aluminum imports to 50%, jeopardizing trade talks with the EU and UK, prompting the EU to warn of countermeasures and raising concerns about the UK's unsigned trade deal.

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52% Bias Score

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elpais.com
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US Steel Tariffs Threaten Reinosa Factory, Spain

US steel tariffs threaten the Forgings & Castings factory in Reinosa, Spain, impacting the town's economy and the approximately 900 employees, exceeding 10% of the 8,570 inhabitants; vocational training programs at the Montesclaros Institute have a 90% employment rate for graduates.

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Quality Education
dw.com
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Canada Challenges US Tariffs on Steel and Aluminum at WTO

Canada filed a WTO complaint on March 13, 2024, challenging the US's increased tariffs on steel and aluminum imports (from 25% to 50% on March 11, 2024), citing violation of the 1994 GATT, following unsuccessful February negotiations and retaliatory tariffs from both sides.

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52% Bias Score

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nbcnews.com
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Trump Tariffs Threaten 100,000 Canadian Jobs

President Trump's 25% tariffs on steel and aluminum have triggered a trade war with Canada, jeopardizing 3,000 jobs in Drummondville, Quebec, and up to 100,000 across the province, prompting retaliatory tariffs and a Canadian interest rate cut; Canadian officials are meeting with U.S. representative...

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news.sky.com
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US Steel Tariffs Impact UK Exports

The US imposed 25% tariffs on steel and aluminum imports, impacting UK exports worth hundreds of millions of pounds; retaliatory tariffs have been announced by the EU and Canada.

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36% Bias Score

Reduced Inequality

Showing 25 to 36 of 71 results