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.
Category: Steel and Iron
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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.
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Trump’s Threat of More Tariffs Slows Trade Deals
As America’s largest trading partners race toward deals, they are increasingly worried about being hit with future tariffs on their critical industries.