Archive for the ‘steel’ Category

Comments Off on Steel Tariffs Are Already Hurting Steel-Using Industries

FEE.ORG – Economists and industry leaders predicted price increases and potential jobs losses after the Trump administration imposed tariffs on steel and aluminum. What may have seemed like rhetoric is now reality. The sneaky brilliance of the tariffs is that benefits are concentrated to a small, politically connected, and very vocal few, while costs for American consumers […]

Comments Off on In Response To Trump Tariffs, China Raises $3B Of Their Own Against US

LIBERTY REVIEW – China slapped tariffs on up to $3 billion in U.S. exports over the weekend, escalating a trade spat between the world’s two largest economies. Announced late Sunday, the tariffs will apply to 128 American products that Beijing had previously identified as potential targets for import taxes. The punitive measures went into effect on […]

Comments Off on Shocker! American Steel Prices Spiked in April.

REASON – In the days and weeks after President Donald Trump slapped 25 percent tariffs on imported steel and aluminum, it was widely reported that American steel-consuming companies were bracing for higher prices. Some said they were already seeing those higher prices reflected in contracts to purchase steel from suppliers, but no one was sure […]