Search results
Results from the WOW.Com Content Network
Trump plans to impose a 25% tariff on steel and aluminum on Monday. Canada, Mexico, and Brazil are key US steel suppliers; Canada, UAE, and Mexico lead in aluminum. The tariffs could lead to ...
Beer cans are displayed on a grocery store shelf on February 11, 2025, in New York City. As President Donald Trump has now imposed a 25% tariff on all steel and aluminum imports into the United ...
Imports of the metals will be hit with a 25% levy, a move that will have the biggest impact in Canada. Trump says tariffs coming on steel and aluminium Skip to main content
The value of iron and steel produced in 2014 was $113 billion. [2] About 0.3% of the US population is employed by the steel industry. [3] As of 2022, major steel-makers in the United States included Cleveland-Cliffs, Carpenter Technology, Commercial Metals Company, Nucor, Steel Dynamics, and U.S. Steel. [4]
Monday's tariffs almost immediately drew criticism from Canada, the largest source of steel imports. Candace Laing, president and CEO of the Canadian Chamber of Commerce, said that Trump was a destabilizing force in the global economy. “Today’s news makes it clear that perpetual uncertainty is here to stay," said Laing.
Trump on Sunday did not offer any details about the steel and aluminum duties, or the reciprocal tariffs. Trump previously threatened 25% import taxes on all goods from Canada and Mexico, though he paused them for 30 days barely a week ago. At the same time, he proceeded to add 10% duties on all imports from China. ___
European steelmakers account for about 15% of imports into the United States, and shares in ArcelorMittal, and Voestalpine slipped between 1.3% and 2.5%. Germany's Thyssenkrupp and Salzgitter were ...
On February 3, both countries negotiated one-month delays on the tariffs with the United States and agreed to assist the U.S. with national security along their borders with the country. One week later, the U.S. imposed tariffs on all steel and aluminum imports, including from Canada and Mexico.