Trump embracing potential for trade war
President Donald Trump is embracing the potential for a trade war after announcing his intent to place tariffs on imported steel and aluminum, as he rebuffs allies who have pushed to be exempted from the stiff duties.
Trump’s tariff talk provokes rarely seen urgency among GOP
Republicans in Congress have learned to ignore President Donald Trump’s policy whims, knowing whatever he says one day on guns, immigration or other complicated issues could very well change by the next.
Trump orders big tariffs on steel, aluminum; markets roiled
Ordering combative action on foreign trade, President Donald Trump has declared that the U.S. will impose steep tariffs on steel and aluminum imports, escalating tensions with China and other trading partners and raising the prospect of higher prices for American consumers and companies.
US presses China over excess steel production
U.S. envoys pressed China on Monday to cut excess steel production that is flooding global markets and to reach a diplomatic settlement to territorial disputes in the South China Sea, as the two sides opened a high-level dialogue.
Cheap Chinese steel, stagnant economy are Severstal’s main challenges
U.S. steel mills have had a long-standing reputation of being unionized, grim manufacturing plants polluting the skyline of the blight-filled Rust Belt. Lowndes County’s Severstal does not seem to fit the stereotypical steel mill mold, however.