U.S. Section 232 tariffs, broadly imposed on steel and aluminum imports in 2018, were a central trade strategy of the first Trump Administration. Descartes Datamyne trade data provides an indication of what the tariffs, deployed to protect U.S. industry against the...
Market Changers: U.S. Section 232 Aluminum and Steel Tariffs
Imposed by presidential proclamations March 8, effective March 23, the new U.S. aluminum and steel tariffs do not apply to imports from NAFTA partners Canada and Mexico. Commerce Dept. is accepting applications to exclude products needed by domestic downstream...
China in the Crosshairs as US Takes Aim at Imports
Has China moved into the crosshairs as the US takes aim at imports? Candidate Donald Trump promised pushback on Chinese imports during his campaign. Now the new president has tapped China critics and trade hawks to fill key trade posts in his administration, as the...
MetalMiner Tracks Steel Market Demand with Datamyne
Grain-oriented electrical steel -- (GOES M3) – continued its price slide in June against smaller import volumes, and despite a higher domestic surcharge, reports MetalMiner. Noting that the demand for certain types of steel has created shortages of some materials,...
Steelmakers Pushback against Low Price Imports
A trade complaint concerning hot-rolled steel filed with the Department of Commerce and US Trade Commission Tuesday is the latest move in a US steelmakers pushback against low price imports that “have been flooding our shores, substantially reducing selling prices,...