Trump to Hit Imported Steel and Aluminum with 25% Tariffs
President Donald Trump will announce new 25% tariffs on all steel and aluminum that enter the US on Monday. Canada and Mexico. Canada and Mexico are two of the US's largest steel trading partners, while Canada is the largest supplier of aluminum metals in the country. According to a report by UPI, Trump told reporters […]
Trump to announce 25% steel and aluminum tariffs in latest trade escalation
President Donald Trump on Sunday said in another major escalation of his trade policy overhaul would introduce a new 25% tariff on all steel and aluminum imports into the United States, in addition to his existing metals operations. I stated. Trump spoke with Air Force 1 reporters on his way to the NFL Super Bowl […]
Trump says 25 percent tariffs on steel and aluminum coming Monday
President Trump said he announced 25% tariffs on steel and aluminum on Monday, adding that he would kick off mutual tariffs in a few days as well. When asked which countries will be affected, Trump said steel and aluminum tariffs will affect “everyone.” “Steel coming into the US will have 25% tariffs, and there will […]
Will U.S. Tariffs Disrupt Copper and Aluminum Markets – OilPrice.com
of Copper Monthly Metals Index (MMI) The overall trend has been flat, with a slight decline of 0.65% from December to January. Meanwhile, copper prices continue to react to new US leadership and potential changes in trade policy. Traders bet on rising US copper prices Ahead of President Trump's inauguration, Comex copper prices have begun […]
Brussels Aims at Russian LNG and Aluminum – OilPrice.com
Russia's invasion of Ukraine may ultimately prove costly to Vladimir Putin's government. Over the past 24 hours, reports have emerged that the European Union is taking stronger measures against Russia. Western sanctions have targeted Russia's economy and military production, but loopholes have allowed the Russian government to largely circumvent them. In 2024, Russia's hydrocarbon and […]
Biden Administration Imposes Tariffs On Steel And Aluminum Shipped From Mexico
The White House announced in a press release Wednesday they would be imposing tariffs on steel and aluminum imports shipped to the U.S. through Mexico. President Joe Biden accused “foreign producers” of increasing their steel products shipped through Mexico in order “to circumvent the duties on steel articles” imported into the U.S. in the statement. Biden […]
Biden targets China with new tariffs on steel and aluminum
President Biden on Wednesday announced new tariffs on imported steel and aluminum to keep cheap Chinese-produced metals out of the U.S. market and protect domestic production ahead of the November election. The new tariffs will focus on steel and aluminum imports from Mexico, which is a transit route for many China-origin products as the U.S. […]
Biden raises tariffs on Chinese EVs and aluminum after Hunter’s former firm helped broker deals benefitting same industries
An investment firm linked to Hunter Biden helped broker deals that benefited China’s electric vehicle and aluminum industries. Joe Biden imposed the tariffs on Tuesday over concerns the industry would see U.S. adversaries gain control of both markets. The eldest son co-founded BHR Partners in 2013 after falling on hard times. Three years later, the […]
Senators, Union Workers Call On Joe Biden to Hike Aluminum Tariffs to Save American Jobs
A group of Republican and Democratic senators, along with the United Steelworkers (USW), are calling on President Joe Biden to raise tariffs on imported aluminum to protect American jobs. in letter Senators warned the Biden administration’s Commerce Secretary Gina Raimondo that aluminum extrusion imports put aluminum extrusion plants in the United States at risk of […]
Planned aluminum smelter will permanently employ 1,000 in rural KY: governor
Democratic Kentucky Gov. Andy Beshear announced Monday that Century Aluminum intends to build a smelter in the northeast Appalachian region of the Bluegrass State. Further action is still needed to reach an agreement. Construction of the refinery will then receive $500 million in support from the Department of Energy. “Many steps still need to be […]