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Restrictions on exports like fertilizer and steel have major economic ramifications for trading partners.
President Biden is traveling the country to promote the Bipartisan Infrastructure Law. Inflation could derail or delay that spending.
U.S. industry doesn't produce enough of the materials, such as steel, to satisfy the need, so this may be more of an aspiration than a policy.
Russia has nickel. Nickel is a component of some stainless steel. And restaurants, food manufacturers, and breweries need stainless steel.
President Biden lifted a 25% tariff from European Union steel, but British steelmakers complain that they’re being unfairly penalized.
The pact lifts U.S. tariffs on European steel and European Union duties on bourbon and Harley-Davidson motorcycles.
Tariffs on wine, cheese, steel and aluminum are among the issues to be resolved.
After a difficult 2020, VP of RM Metals in New Jersey Sam Desai talks about the outlook for his company and for the steel sector writ large.
With COVID and trade barriers limiting supply, her inventory is worth more but replacing it isn't simple.
The coronavirus makes planning and logistics even more difficult for industry coming off trade war with China.