Category: Steel and Iron

Tariffs Force Down Heavy Equipment Sales and Jobs

The New York Times – Business:
An industry report shows high interest rates, fewer infrastructure projects and tariffs pressures have slowed growth and decreased jobs in the sector.
Trump’s Tariffs Are Adding Steel Mill Jobs, and Crushing American Factories

The New York Times – Business:
Tariffs unaffected by President Trump’s Supreme Court loss are adding costs for many U.S. manufacturers that use steel, limiting exports and jeopardizing jobs.
Trump’s Trade Policies Sort Manufacturers Into Winners and Losers

Tariffs have protected some companies, but more often they’ve hit the parts and materials many factories need to make finished goods.
Guinea Goes to Polls as Ruling Junta Seeks Legitimacy

Whoever wins faces the daunting task of feeding the West African country’s poor and navigating the interests of global powers seeking critical minerals, analysts say.
Trump’s New Tariff on Trucks Could Burden an Already Struggling Industry

A 25 percent levy on heavy-duty trucks and parts is set to take effect next month. Companies have few details on the policy.
E.U. Proposes 50% Steel Tariffs as Trump Effect Ripples Around World

European officials want to sharply lower the bloc’s quota on tariff-free steel imports, while doubling levies to 50 percent, as President Trump’s tariffs create domino effects.
Leo Gerard, Who Led a Growing Steelworkers Union, Dies at 78

He helped make it the largest industrial union in North America as he fought an influx of cheap metal from China and lobbied for anti-dumping tariffs.
Trump’s Tariffs Are Damaging America’s Biggest Foreign Source of Screws

Taiwan has long been the top provider of screws to the United States. But its factories are struggling to survive under tariffs on steel and aluminum.
Taiwan Screw Suppliers Feel Impact of Trump’s Tariffs

Screws from Taiwan hold together countless everyday American goods. But Trump’s tariffs are threatening the island as a manufacturing leader of the tiny, yet essential, components.
John Deere, a U.S. Icon, Is Undermined by Tariffs and Struggling Farmers

The tractor maker said that sales were down and that higher metal tariffs would cost it $600 million, while American farmers face dwindling overseas demand for some crops.
British Government to Rescue Another Ailing Steel Maker

The move, which comes after a court-approved liquidation of Speciality Steel, is meant to preserve jobs and domestic manufacturing.
Car Companies Are Paying Tariffs So You Don’t Have To

But automakers can’t absorb the cost forever and will soon begin to raise new car prices, analysts say.