Latest News for: american steel

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Donald Trump's 'liberation day': What are reciprocal tariffs, and who pays them?

The Times of India 02 Apr 2025
While tariffs on imported steel were meant to protect American jobs, employment in the steel industry remained stagnant at around 140,000 workers.Democratic lawmakers argue that Trump’s tariffs serve primarily to fund tax cuts for the wealthy.
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FACTBOX - Trump's tariffs and threatened trade actions

RTE 02 Apr 2025
... Union plan to impose tariffs on American whiskey and other products next month - which itself is a retaliation to Trump's 25% tariffs on steel and aluminium imports that took effect the day before.
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Trolley Toll: How tariffs could impact your weekly shop

RTE 02 Apr 2025
... a lot of the companies that make the products that are in your trolley are probably somewhat or entirely reliant on American-made machines – or on American raw materials like wood, plastic and steel.
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Trump’s latest tariffs start today. What are tariffs? How they work

Palm Beach Daily News 02 Apr 2025
Canada has retaliated with 25% tariffs on $155 billion of American-made products ... The European Union has also levied a 25% tariff on American agricultural products, tobacco, textiles, steel and aluminum products.
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Trump’s ‘Liberation Day’ tariffs set to take effect, all eyes on who will be hit the hardest

Financial Express 02 Apr 2025
A move toward \u2018reciprocal\u2019 tariffs Trump has long championed a protectionist trade stance, arguing that foreign nations impose unfair levies on American exports while enjoying preferential access to the US market.
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Trump Liberation Day tariffs to go into effect TODAY as markets melt down worldwide and ...

The Daily Mail 02 Apr 2025
Trump warned that these turncoat Senators 'are playing with the lives of the American people, and right into the hands of the Radical Left Democrats and Drug Cartels.' ... in modern American history.'.
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Kentucky's $9 billion bourbon industry caught in the crossfire of Trump trade war

Usatoday 02 Apr 2025
President Trump's trade wars have negatively impacted American whiskey exports, including Kentucky bourbon.Kentucky bourbon distillers and industry groups are advocating for a return to zero-for-zero tariffs between the U.S.
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UK factory slump deepens as tariff and cost worries grow

AOL 02 Apr 2025
It also marks the fifth month in a row that activity has declined ... Mr Trump has imposed new tariffs on UK aluminium and steel, and carmakers exporting to the US, in a bid to boost American production and protect home-grown manufacturers ... .
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Trump tariffs threaten Latin American steel industry

Raw Story 01 Apr 2025
As he did during his first term in office from 2017 to 2021, Trump is trying to protect American producers by making steel imports costlier with a 25 percent tariff that kicked in on March 12.
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Trump’s Tariffs Took a Toll on American Manufacturers’ Finances

Steel Radar 01 Apr 2025
American manufacturers pay ... By the end of February, the price index for American steel had surpassed $900 per ton, increasing by more than 30% this year as tariffs were placed on foreign supply.
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Steelmakers search for answers to US protectionism

Korea Times 01 Apr 2025
Hyundai Steel has taken the most aggressive measures ... However, the leading steelmaker in Korea has recently begun signaling its intent to invest in the U.S., fueling speculation that the company will also build an American steel mill.
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Trump’s bizarro-world tariffs will turn our economy upside down

New York Post 01 Apr 2025
... for every steel job saved ... American industries like steel, shipbuilding and textiles — protected by tariffs for decades — remained uncompetitive precisely because tariffs discouraged innovation.
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AISI: U.S. Raw Steel Output Saw Modest Jump

Scrap Monster 01 Apr 2025
SEATTLE (Scrap Monster). The most recent weekly domestic production data from the American Iron and Steel Institute (AISI) shows that during the week ending March 29, 2025, U.S. weekly raw steel production rose by about 0.10%.
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Smarter trade strategy — not Trump's tariffs — can uplift American workers

Chicago Sun-Times 01 Apr 2025
During Trump’s first term, similar tariffs on steel and aluminum were supposed to help revive American manufacturing. And they could have, had he invested in clean, safe, high-tech production and the American supply chain.
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AISI: US’ raw steel production in week ending Mar 29 rises m-o-m, y-o-y

Yieh Corp 01 Apr 2025
According to statistics from the American Iron and Steel Institute (AISI), in the week ending March 29, 2025, the production of ...

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