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“When you take out major players, anything that destabilizes the world economy affects steel, affects all of us,” says Lisa Goldenberg, president of Delaware Steel Company.
Tariffs won’t go away altogether. Some reduction could impact prices, but not immediately.
Some companies that won exemptions from levies on Chinese goods in the past will be able to apply for relief again.
And if Beijing reciprocates, U.S. farmers might get a boost from rising exports to China.
Apple needs to secure additional tariff exemptions before the next round on Dec. 15.
