With materials crossing the U.S.-Canada border multiple times during steel production — plus Canada's reliance on the U.S. companies buying its steel — the local industry has a lot to lose if 25 per ...
29). Yet they apply more widely than that. Tariffs make cars and housing more expensive, for example, even when they are made with American steel. When President Trump raised steel tariffs in 2018 ...
SIOUX CITY, Iowa (KCAU) — Officials at State Steel in Sioux City say they have been preparing for the implementation of steel tariffs. State Steel owner Dave Bernstein says he’s hopeful the impact of ...
That said, it is important to note that Trump has yet to say anything about steel specifically. Combined with anti-dumping measures, potential tariffs could ... hot rolled coil notably serves ...
"U.S. steel mills will use the tariffs as leverage vs. buyers to garner higher pricing," Gibbs added. Futures prices for hot-rolled coil steel (HRN00) rose 1.8% in recent trading toward a five ...
Aluminum and steel were among the first tariffs to be enacted during President Donald Trump’s first term. A revival of those measures is expected Saturday, which would affect millions of tons of ...
“We are going to look at pharmaceuticals, drugs, we are going to look at chips, semiconductors and we are going to look at steel and some ... starting at a lower tariff rate and ramping that ...
Tariffs on U.S. goods and services could further limit cuts to interest rates in 2025 ... for example, for steel exporters to the U.S. have cut import prices in the past to offset some of the ...