Ports and ground terminals in nearly every state handle goods that are now or will likely soon be covered by import tariffs. Port executives worry that this could mean a slowdown in shipping that would have ripple effects on truckers and others whose jobs depend on trade.
Steelworkers in Granite City, Illinois, threw a street party — complete with hot dogs, cold beer and a singer in red, white and blue — when U.S. Steel announced earlier this year it was bringing hundreds of laid-off employees back to work at the local mill.
Having started a trade war with China and enraged U.S. allies with steel tariffs, President Donald Trump is primed for his next fight. He is targeting a product at the heart of the American experience: cars.
President Donald Trump wants to rebuild the nation’s transportation infrastructure. He also wants to strengthen the U.S. steel industry through tariffs on imports.
Joel Johnson examines the shipping labels on 35-ton coils of American-made steel that will be unspooled, bent and welded into rounded sections of pipe.
The United States attacked first, imposing tariffs on steel and aluminum from around the globe and threatening to hit tens of billions of dollars in Chinese products.
Pointing to damage done to home-state companies, lawmakers from both parties Wednesday criticized tariffs the Trump administration has imposed on imported steel and aluminum products in the name of national security.
Before President Donald Trump sits down with a third-generation North Korean autocrat, he will face what may well turn out to be a tougher crowd — some of America’s oldest allies.
As a tool of national trade policy, tariffs had long been fading into history, a relic of 19th and early 20th centuries that most experts regarded as mutually harmful to all nations involved.
The Trump administration delivered a gut punch to America’s closest allies Thursday, imposing tariffs on steel and aluminum from Europe, Mexico and Canada in a move that drew immediate vows of retaliation.