Trump doubles steel tariffs
Digest more
Top News
Overview
Impacts
Trump's increased steel tariff could lead to you paying more for appliances and cars, while impacting ports in Philadelphia and Wilmington.
Despite an exemption from 50 percent tariffs, Britain still faces a 25 percent duty because its trade deal with the United States has yet to be put in place.
Europe already has tools to reduce the impact of Trump tariffs and Chinese over-capacity on the EU steel industry, such as stopping Russian imports of the metal, a Thyssenkrupp executive board member said on Thursday.
Metallus is poised for growth amid Trump's steel tariffs and defense orders. Shares are quite undervalued, trading at low estimated EV/EBITDA. See more on MTUS here.
When it comes to President Trump's 50% tariffs on steel and aluminum, big ticket items such as cars, washing machines and heavy machinery often come to mind, but as Jo Ling Kent reports, they're hitting smaller,
Explore more
The Premier of Ontario, Doug Ford, announced plans to move $30 billion in manufacturing to Canada after new U.S. steel tariffs.
President Trump doubled steel and aluminum tariffs to 50%. Greg Colibert, owner of Steel Products Manufacturing in Salt Lake City, joins Katy Tur to share his concerns on the new tariffs and how it will impact his business.