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

Accepted submission by takyon at 2018-03-01 19:02:37
Business

US steel and aluminium imports face big tariffs, Trump says [bbc.com]

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.

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China to Cut Steel and Coal Production [soylentnews.org]
Trump Administration Finalizes 300% Import Tariff on Bombardier Jets From Canada [soylentnews.org]
US Government Puts Tariffs on Imported Solar Cells, Solar Modules, and Washing Machines [soylentnews.org]


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