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US Steel Prices Dip Below Pre-Tariff Levels

The price of steel in the United States has fallen below levels prior to President Donald Trump’s announcement of a 25 percent tariff on imported steel in March 2018, according to benchmark prices compiled by S&P Global Platts. The price of steel jumped considerably after Trump announced the tariffs, rising to a peak of $920 per ton in July. Since ...

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Trump’s Steel Plan is Good for America

Donald Trump success

Scratching the surface, it may look bad economically. Digging deeper and his steel plan plans for a better future for America. The United States used to be the king of steel. In 1945, the United States produced 72% of the world’s steel. Since then, the US’s impact on global steel production has shrunk tremendously as manufacturers have found it cheaper ...

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Trump administration sets stiff tariffs on Taiwanese steel products in anti-dumping action

Today, the U.S. Department of Commerce announced the affirmative final determination in the antidumping duty (AD) investigation of imports of forged steel fittings from Taiwan. Commerce determined that exporters from Taiwan have sold forged steel fittings in the United States at less than half of fair value. As a result of the decision, Commerce will instruct U.S. Customs and Border ...

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Pipe Producers Challenge Claims That Steel Tariffs Will Harm Pipeline Industry

The American Line Pipe Producers Association (ALPPA), a domestic coalition of large diameter line pipe producers, vigorously challenges recent claims that U.S. pipeline developers are unable to source large diameter welded pipe (LDWP) for their projects domestically and that steel Section 232 tariffs imposed by President Trump are placing U.S. pipeline projects in jeopardy due to cost. First, there is ...

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Trump slaps EU, Canada, Mexico with Aluminum tariffs, Steel restrictions

The Trump administration has worked for months to come to agreements to limit the dumping of aluminum and steel into the United States. While the U.S. has reached satisfactory trade agreements with a few nations on aluminum and steel imports, most will be hit with severe tariffs and restrictions beginning at Midnight Thursday night ending a 2-month exemption for those ...

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Trump suspends steel and aluminum tariffs for several allied countries

Today, based on ongoing dialogues, President Donald J. Trump authorized the modification of the Section 232 tariffs on steel and aluminum imports to suspend the tariffs for certain countries before they take effect. These suspensions are based on factors including ongoing discussions regarding measures to reduce global excess capacity in steel and aluminum production by addressing its root causes. The ...

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Watch: President Trump signs proclamations for steel and aluminum tariffs

President Donald Trump signs section 232 proclamation of tariffs on steel and aluminum

President Donald Trump spoke just before signing the Section 232 proclamations that will put tariffs on foreign-made steel and aluminum. “We have to protect and build our steel and aluminum industries, while at the same time showing great flexibility and cooperation toward those that are really friends of ours both on a trade basis and a military basis,” the president ...

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Presidential Proclamation on Adjusting Imports of Steel into the United States [full text]

March 8, 2018 Adjusting IMPORTS OF STEEL INTO THE UNITED STATES – – – – – – – BY THE PRESIDENT OF THE UNITED STATES OF AMERICA A PROCLAMATION 1. On January 11, 2018, the Secretary of Commerce (Secretary) transmitted to me a report on his investigation into the effect of imports of steel mill articles (steel articles) on the ...

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What Trump said on steel and aluminum tariffs and what it might really mean

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President Donald Trump met with representatives from the American steel and aluminum industry on Thursday to talk about trade. While the media spins the narrative that Trump is starting a trade war with a set of proposed tariffs, what’s did he actually say and what could it really mean? Trump started with something he’s been saying since the 2016 campaign, ...

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Trump Stands up to Unfair Steel Trade Practices

Trump signs executive order

President Trump signed an executive memorandum Thursday prioritizing an investigation into unfair trade practices in steel importation. “As imports of steel to the United States continue to rise, an examination of foreign practices is urgently needed,” the White House said in a statement. Recent reports by the United States International Trade Commission (USITC) have found that steel imports injure the ...

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