A steel producer stands behind Trump's decision to implement tariffs.
Ronnie Smith at McMahon Steel Supply says buying foreign steel is "just an economic fact of life."
Todd Adams is vice president of Stainless Imports Inc., a small family-owned stainless steel manufacturer based in Florida. We had Adams on the show in early May. His company had applied for an exemption from tariffs on a specific product; the company had “combed the earth” to find a mill that could produce it and found one […]
This week, Commerce Secretary Wilbur Ross announced the first official exemptions and rejections for companies that applied for exclusions from steel and aluminum tariffs. For seven lucky companies, that means they’ll get to stop paying the tariffs on specific imports — 25 percent for steel and 10 percent for aluminum. But for Sam Desai, who […]
"We should all be working together" says Paul McGrath of JEM Strapping Systems.
The cost of legal fees has come up among many we’ve interviewed about the process of applying for exemptions from steel and aluminum tariffs from the Department of Commerce. Kate Karol, counsel at Butzel Long in Detroit, has been working with several clients on their applications and said the people at her firm have spent […]
An American tire cord producer is frustrated by President Trump's 25 percent levy and an objection to his exemption application.
Duties seem like a thing between countries, but individual businesses often wind up holding the economic bag.
Bill Brebrick of Zapp Precision Wire and Joel Johnson of Borusan Mannesmann submitted applications to the Department of Commerce for exemptions from steel tariffs President Trump implemented in March. The applications were open for public comment for 30 days on regulations.gov. Now, Johnson’s and Brebrick’s applications will be reviewed by the Department of Commerce, which […]
Tokyo expected treatment equal to that of the European Union, one expert says.