Tag #Steel

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smh.com.au

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Feb 12, 04:12

Trump's Expanded Steel and Aluminum Tariffs: Broader Impact, Higher Stakes

President Trump's new tariffs on steel and aluminum imports into the US, applying a 25 percent rate to both metals from all countries and impacting key downstream products, mirror his 2018 actions but with broader consequences; the 2018 tariffs, while increasing steel industry profits and jobs, cost...

Trump's Expanded Steel and Aluminum Tariffs: Broader Impact, Higher Stakes

President Trump's new tariffs on steel and aluminum imports into the US, applying a 25 percent rate to both metals from all countries and impacting key downstream products, mirror his 2018 actions but with broader consequences; the 2018 tariffs, while increasing steel industry profits and jobs, cost...

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How did the design of the 2023 tariffs differ from the 2018 tariffs, and what are the potential implications of these differences for global trade relations?

The 2018 tariffs illustrate a pattern: protectionism benefits the protected sector but at the expense of consumers and related industries. While the US steel industry saw job growth and increased profits, these gains were offset by higher costs for steel users, highlighting the trade-offs inherent in protectionist policies. This cost was $650,000 per job created.

theglobeandmail.com

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Feb 12, 22:20

Canadian Premiers Lobby U.S. Against Tariffs

Canadian premiers and Finance Minister Dominic LeBlanc are in Washington, D.C., meeting with U.S. officials to prevent tariffs on Canadian goods, emphasizing mutual economic benefits and Canada's role in supplying essential materials to the U.S. The meetings follow President Trump's announcement of ...

Canadian Premiers Lobby U.S. Against Tariffs

Canadian premiers and Finance Minister Dominic LeBlanc are in Washington, D.C., meeting with U.S. officials to prevent tariffs on Canadian goods, emphasizing mutual economic benefits and Canada's role in supplying essential materials to the U.S. The meetings follow President Trump's announcement of ...

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What are the immediate impacts of the potential tariffs on Canadian goods and the Canadian economy?

Canadian premiers and Finance Minister Dominic LeBlanc are in Washington, D.C., meeting with U.S. officials to prevent the imposition of tariffs on Canadian goods. A White House meeting with senior advisors is scheduled, alongside meetings with U.S. lawmakers and business leaders. The premiers are advocating for continued trade and economic cooperation.

aljazeera.com

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Feb 11, 04:08

Trump Imposes 25% Tariffs on All Steel and Aluminum Imports

President Trump imposed 25% tariffs on all steel and aluminum imports, effective March 4th, 2025, aiming to bolster US industry, despite the risk of retaliatory measures and potential negative impacts on US consumers and global trade.

Trump Imposes 25% Tariffs on All Steel and Aluminum Imports

President Trump imposed 25% tariffs on all steel and aluminum imports, effective March 4th, 2025, aiming to bolster US industry, despite the risk of retaliatory measures and potential negative impacts on US consumers and global trade.

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What are the potential long-term implications of these tariffs for the global economic order?

The long-term impact of these tariffs could reshape global trade alliances. Countries may seek alternative trade partners, potentially leading to new trade blocs and weakened relationships with the US. The resulting economic uncertainty could stifle investment and hinder global economic growth. The potential for retaliatory measures further complicates the situation, raising the possibility of widespread trade conflicts.

elpais.com

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Feb 11, 10:09

Trump's Tariffs Threaten USMCA, Hit Canada and Mexico

Donald Trump's announcement of a 25% tariff on steel and aluminum imports from Canada and Mexico, effective immediately, jeopardizes the USMCA trade agreement and severely impacts major steel and aluminum exporters.

Trump's Tariffs Threaten USMCA, Hit Canada and Mexico

Donald Trump's announcement of a 25% tariff on steel and aluminum imports from Canada and Mexico, effective immediately, jeopardizes the USMCA trade agreement and severely impacts major steel and aluminum exporters.

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How will this tariff impact the USMCA trade agreement and its future negotiations?

The new tariffs threaten the stability of the USMCA, a cornerstone of North American trade since 2020. Canada, the largest US supplier of steel ($11.2 billion) and aluminum ($9.5 billion), faces substantial economic repercussions. Mexico, a major exporter to the US, also faces significant economic risks due to increased production costs across various sectors.

edition.cnn.com

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Feb 11, 04:08

Trump Reinstates 25% Tariff on Steel and Aluminum Imports

President Trump reinstated a 25% tariff on all steel and aluminum imports into the US on Monday, aiming to counter China's indirect influence on the US steel market by closing loopholes in previous tariffs and preventing circumvention through third-party countries and mislabeling, despite American s...

Trump Reinstates 25% Tariff on Steel and Aluminum Imports

President Trump reinstated a 25% tariff on all steel and aluminum imports into the US on Monday, aiming to counter China's indirect influence on the US steel market by closing loopholes in previous tariffs and preventing circumvention through third-party countries and mislabeling, despite American s...

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What are the immediate economic consequences of President Trump's renewed 25% tariff on steel and aluminum imports?

President Trump reinstated a 25% tariff on all steel and aluminum imports into the United States, aiming to curb imports and boost domestic production. While the US imports little steel directly from China, the tariffs indirectly target China by preventing circumvention through third-party countries and mislabeling. This action follows previous tariffs imposed during his first term and continued by the Biden administration.

welt.de

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Feb 11, 04:08

Trump Imposes 25% Tariffs on Steel and Aluminum Imports

President Trump imposed 25% tariffs on steel and aluminum imports, with a potential exception for Australia, citing attacks on American industries and hinting at further tariffs on other goods. The tariffs, which may begin March 4th, add to existing global market instability.

Trump Imposes 25% Tariffs on Steel and Aluminum Imports

President Trump imposed 25% tariffs on steel and aluminum imports, with a potential exception for Australia, citing attacks on American industries and hinting at further tariffs on other goods. The tariffs, which may begin March 4th, add to existing global market instability.

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What are the immediate economic impacts of Trump's steel and aluminum tariffs?

US President Donald Trump imposed 25% tariffs on steel and aluminum imports, with a potential exception for Australia due to a US trade surplus. He also hinted at additional tariffs on autos, pharmaceuticals, and computer chips, citing attacks from both friend and foe.

german.china.org.cn

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Feb 12, 13:17

US Imposes Steel, Iron, Aluminum Tariffs, Sparking Global Trade War Fears

US President Donald Trump signed an executive order on Monday imposing 25% tariffs on steel, iron, and aluminum imports, escalating global trade war risks and prompting retaliatory threats from Canada and the European Union, despite the US aiming to boost domestic production and jobs.

US Imposes Steel, Iron, Aluminum Tariffs, Sparking Global Trade War Fears

US President Donald Trump signed an executive order on Monday imposing 25% tariffs on steel, iron, and aluminum imports, escalating global trade war risks and prompting retaliatory threats from Canada and the European Union, despite the US aiming to boost domestic production and jobs.

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What are the long-term implications of this protectionist trade policy for the US economy and global trade?

The imposition of these tariffs will likely trigger retaliatory measures from affected countries, leading to a decline in global trade and economic growth. The lack of technological advancement in the US steel and iron industry suggests that even with tariffs, long-term competitiveness remains a significant challenge. This protectionist approach may ultimately harm US consumers and businesses more than it helps the domestic steel sector.

elpais.com

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Feb 12, 22:20

Mexico Launches Diplomatic Offensive Against US Steel and Aluminum Tariffs

Mexico is launching a diplomatic offensive to prevent U.S. tariffs on steel and aluminum, emphasizing the U.S.'s trade surplus in the sector and the potential harm to the USMCA; high-level meetings and a letter to the U.S. president are planned before considering retaliatory measures.

Mexico Launches Diplomatic Offensive Against US Steel and Aluminum Tariffs

Mexico is launching a diplomatic offensive to prevent U.S. tariffs on steel and aluminum, emphasizing the U.S.'s trade surplus in the sector and the potential harm to the USMCA; high-level meetings and a letter to the U.S. president are planned before considering retaliatory measures.

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What immediate actions is Mexico taking to prevent the imposition of U.S. tariffs on steel and aluminum, and what are the potential immediate consequences?

Mexico's government is actively working to prevent the imposition of tariffs on steel and aluminum announced by the U.S. President Sheinbaum will send a letter to her U.S. counterpart, highlighting the U.S.'s trade surplus in the steel industry. Diplomatic efforts are underway, including calls between foreign ministers and meetings with White House trade officials.

english.kyodonews.net

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Feb 11, 04:08

Trump Reinstates Steel, Aluminum Tariffs, Threatens Further Levies

President Trump reinstated 25 percent tariffs on all steel and aluminum imports, effective March 4th, impacting major trading partners like Canada and Mexico and potentially escalating trade tensions; he also hinted at further sector-based levies on cars, pharmaceuticals, and semiconductors.

Trump Reinstates Steel, Aluminum Tariffs, Threatens Further Levies

President Trump reinstated 25 percent tariffs on all steel and aluminum imports, effective March 4th, impacting major trading partners like Canada and Mexico and potentially escalating trade tensions; he also hinted at further sector-based levies on cars, pharmaceuticals, and semiconductors.

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What are the immediate economic consequences of President Trump's decision to reinstate 25 percent tariffs on all steel and aluminum imports?

President Donald Trump reinstated 25 percent tariffs on all steel and aluminum imports, eliminating previous exceptions for countries like Canada and Mexico. This action, effective March 4th, is expected to significantly impact global trade and potentially increase inflation in the U.S.

abcnews.go.com

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Feb 11, 01:09

Trump Announces 25% Tariffs on Steel and Aluminum, Raising Inflation Concerns

President Trump announced 25% tariffs on steel and aluminum imports on Monday, escalating trade tensions and potentially increasing inflation, despite economists' warnings about negative economic consequences and retaliatory tariffs.

Trump Announces 25% Tariffs on Steel and Aluminum, Raising Inflation Concerns

President Trump announced 25% tariffs on steel and aluminum imports on Monday, escalating trade tensions and potentially increasing inflation, despite economists' warnings about negative economic consequences and retaliatory tariffs.

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How might retaliatory tariffs from other countries impact U.S. businesses and consumers?

The tariffs aim to bolster domestic steel and aluminum industries, but economists warn of higher prices for consumers and retaliatory tariffs from other countries. The increase in inflation expectations, from 3.3% to 4.3%, suggests consumers anticipate negative financial consequences.

welt.de

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Feb 11, 04:08

Trump Reinstates Steel and Aluminum Tariffs

President Trump reinstated 25% tariffs on all steel and aluminum imports into the US, effective potentially March 4th, aiming to boost the American economy, despite concerns from the EU and Germany.

Trump Reinstates Steel and Aluminum Tariffs

President Trump reinstated 25% tariffs on all steel and aluminum imports into the US, effective potentially March 4th, aiming to boost the American economy, despite concerns from the EU and Germany.

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What are the potential long-term implications of this tariff decision for global trade and economic relations?

The re-imposition of tariffs could trigger a trade war, similar to past conflicts with the EU. The EU's response will be crucial, potentially leading to retaliatory tariffs on US products. The long-term economic consequences for both the US and its trading partners remain uncertain, especially considering the importance of the US market for European steel exports.

sueddeutsche.de

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Feb 11, 04:08

Trump Imposes 25% Tariffs on Steel and Aluminum Imports

President Trump imposed 25% tariffs on steel and aluminum imports into the US, potentially starting March 4th, causing concern in the EU and Germany, who may retaliate, echoing past trade disputes under Trump's first term.

Trump Imposes 25% Tariffs on Steel and Aluminum Imports

President Trump imposed 25% tariffs on steel and aluminum imports into the US, potentially starting March 4th, causing concern in the EU and Germany, who may retaliate, echoing past trade disputes under Trump's first term.

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What are the immediate economic consequences of President Trump's 25% tariffs on steel and aluminum imports?

President Trump imposed 25% tariffs on steel and aluminum imports into the U.S., claiming this will make America wealthy again. Although the exact implementation date is unclear, reports suggest March 4th as the start date. The EU and Germany expressed concerns about the impact on their export-oriented economies.

Showing 133 to 144 of 189 results