Stories
Slash Boxes
Comments

SoylentNews is people

SoylentNews is powered by your submissions, so send in your scoop. Only 15 submissions in the queue.

U.S. Steel and Aluminum Imports to Face New Tariffs

posted by martyb on Friday March 02 2018, @10:29PM   Printer-friendly
from the so-now-our-cars-and-buildings-will-all-cost-more dept.

takyon writes:

US steel and aluminium imports face big tariffs, Trump says

President Donald Trump has said he will sign off on steep tariffs on steel and aluminium imports next week, hitting producers like Canada and China.

Flanked by US metals executives at the White House, he said a 25% tariff would be slapped on steel products, and a 10% tariff would be imposed on aluminium.

Mr Trump tweeted that the US was suffering from "unfair trade".

The US imports four times more steel than it exports, and is reliant on steel from more than 100 nations.

Related: U.S. Quintuples Taxes on Chinese Cold-Rolled Flat Steel
China to Cut Steel and Coal Production
Trump Administration Finalizes 300% Import Tariff on Bombardier Jets From Canada
US Government Puts Tariffs on Imported Solar Cells, Solar Modules, and Washing Machines

Original Submission

 
This discussion has been archived. No new comments can be posted.
U.S. Steel and Aluminum Imports to Face New Tariffs | Log In/Create an Account | Top | 69 comments | Search Discussion
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.

  • (Score: 0) by Anonymous Coward on Friday March 02 2018, @10:38PM (7 children)

    by Anonymous Coward on Friday March 02 2018, @10:38PM (#646669)

    The Japs lied about the quality of their steel, anyway.

  • (Score: 5, Funny) by Ethanol-fueled on Saturday March 03 2018, @12:29AM (2 children)

    by Ethanol-fueled (2792) on Saturday March 03 2018, @12:29AM (#646726) Homepage

    America will destroy any nation that presents a threat to its dominance, including that of its steel -- which is why we have been bombing the shit out of Damascus lately.

    • (Score: 2) by number11 on Saturday March 03 2018, @01:31AM (1 child)

      by number11 (1170) Subscriber Badge on Saturday March 03 2018, @01:31AM (#646756)

      America will destroy any nation that presents a threat to its dominance, including that of its steel -- which is why we have been bombing the shit out of Damascus lately.

      Ah yes, Damascus steel. The wrath of Washington may fall on the upstarts, as soon as in the next 400 years!

      • (Score: 1, Informative) by Anonymous Coward on Saturday March 03 2018, @02:10AM

        by Anonymous Coward on Saturday March 03 2018, @02:10AM (#646769)

        Ah yes, Damascus steel.

        The really interesting thing, Damascus steel is actually from India.

  • (Score: 5, Insightful) by Runaway1956 on Saturday March 03 2018, @02:40AM (2 children)

    by Runaway1956 (2926) Subscriber Badge on Saturday March 03 2018, @02:40AM (#646780) Journal

    Maybe so - decades ago. When I was young, "Made in Japan" meant "cheap", in most cases. Today - not so much. Today, it's China that has a poorly trained, and inexperienced workforce. Their stuff IS cheap junk - today. In thirty years, that will change. Meanwhile - we are slipping behind. Our skilled workforce has dissolved, at least in part. Our work ethic is dissolving fast.

    We chose not to compete, and soon, we'll be unable to compete.

    • (Score: 0) by Anonymous Coward on Saturday March 03 2018, @04:19AM (1 child)

      by Anonymous Coward on Saturday March 03 2018, @04:19AM (#646827)

      Google it.

      • (Score: 0) by Anonymous Coward on Saturday March 03 2018, @09:31AM

        by Anonymous Coward on Saturday March 03 2018, @09:31AM (#646968)

        Can't.

        Google is filtering results for that.

  • (Score: 2) by driverless on Sunday March 04 2018, @01:43PM

    by driverless (4770) on Sunday March 04 2018, @01:43PM (#647612)

    In any case it's OK for Alu, the ban onlt affects imports of aluminum, but not aluminium.