A 25 percent levy on heavy-duty trucks and parts is set to take effect next month. Companies have few details on the policy.
Category: Steel and Iron
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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.
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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.
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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.
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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.
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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.
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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.
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Harm or Help? Why Companies Are Battling Tariffs Meant to Benefit Them.
Economists say the way the Trump administration is imposing tariffs is backfiring for some of the businesses they are meant to help.
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Harm or Help? Why Companies Are Battling Tariffs Meant to Benefit Them.
Economists say the way the Trump administration is imposing tariffs is backfiring for some of the businesses they are meant to help.
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Ford Is Latest Carmaker to Blame Tariffs for Profit Slump
The company estimated that duties on imported cars and car parts would cost it $2 billion this year.
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The World Has Too Much Steel, but No One Wants to Stop Making It
A global plunge in prices, led by increased production from China, and U.S. tariffs threaten steel manufacturing, which has long been a symbol of national might.