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The Department of Homeland Security announced Wednesday it will no longer import steel or artificial sweeteners from two companies based in China due to their alleged use of forced labor. The ...
Whereas national security reasons were cited for the tariffs, it has been noted that tariffs primarily harm American allies, not enemies; the United States imports very little steel and aluminum from China directly. [102] Trade experts furthermore noted that the United States already produces more than two-thirds of its own steel. [100]
US steel imports from China are down and have been falling for years amid high tariffs. It was a process that began when Trump first implemented new steel duties in 2018 and has continued as Biden ...
Biden kept the Trump-era tariffs and added some of his own, including a 100% tax on imports of electric cars from China, a 50% tax on solar panels and a 25% tax on lithium-ion batteries and steel ...
The embassy also cited steps it said China had taken since a 2023 U.S.-China meeting after which Beijing agreed it would stem the export of items related to the production of the opioid fentanyl ...
The United States could impose nearly 40% tariffs on imports from China early next year, a Reuters poll of economists showed, potentially slicing growth in the world's second-biggest economy by up ...
During Trump's presidency, the United States placed multiple rounds of tariffs on steel products starting in 2018 after then-Commerce Secretary Wilbur Ross found that imports threatened national ...
In 2008, 2009, 2015 and 2016 output fell in the majority of steel-producing countries as a result of the global recession. In 2010 and 2017, it started to rise again. Crude steel production contracted in all regions in 2019 except in Asia and the Middle East. India is the 2nd leading producer of iron and steel industries. [citation needed]