Trade showdown

Trump administration plans additional tariffs on steel and aluminum

Jan 27, 2020
Tariffs from 2018 made raw metals from outside the country more expensive. Now finished products could get extra taxes, too.
A worker cutting steel at a factory in Huaibei in China's eastern Anhui province in May 2018.
AFP via Getty Images
Trade showdown

Ahead of a U.S.-China trade deal, uncertainty still dominates the steel business

Jan 14, 2020
We look back at the chaos tariffs have inflicted on RM Metals in New Jersey.
Steel coils produced at the NLMK Indiana mill are prepared for shipping in Portage, Indiana, in 2018.
Photo by Scott Olson/Getty Images
Trade showdown

After a year of tariffs, steel industry deals with "chaos fatigue"

Apr 17, 2019
Exhausted and burdened, businesses are ready for new policy on steel trade.
A worker prepares to lift a roll of steel with a crane at a shipyard in Nantong in China's eastern Jiangsu province in May.
AFP/Getty Images
My Economy

My Economy: The personal cost of a year of tariffs

Mar 19, 2019
For Sam Desai, vice president at RM Metals, a year of tariffs on his balance sheet changed his work habits.
Tom Mihalek/Getty Images

U.S.-imposed tariffs are hitting American firms’ bottom line

Sep 27, 2018
The CEO of one of the nation’s largest automakers says metal tariffs imposed by the Trump administration earlier this year have cost his company $1 billion in profits and sales. Ford boss Jim Hackett made the comment at a gathering…
Jim Hackett, president and chief executive officer, Ford Motor stands outside the headquarters as they celebrate the production of the 10,000,000 Mustang on August 8, 2018 in Dearborn, Michigan.
JEFF KOWALSKY/AFP/Getty Images

Canada's Aluminum Valley grapples with U.S. tariffs

Sep 17, 2018
A 50-mile stretch along the Saguenay River in Quebec produces roughly half of Canada's aluminum; residents are anxious.
Rio Tinto ships raw material and finished ingots in and out of its own port facility on the bay of the Saguenay River, which flows out to the Saint Lawrence and the Atlantic Ocean.
Emma Jacobs/Marketplace

Tariff jitters grow at Washington state port

Sep 12, 2018
The port of Vancouver handles the West Coast's second-largest volume of imported steel, now subject to a 25 percent duty.
ILWU Local 4 President Cager Clabaugh says the tariffs are already hurting work at the port. An order for 6,000 tons of copper ore on route to China was recently canceled. The mountains of copper now sit unused in a warehouse at the Port of Vancouver.
Molly Solomon/OPB

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Steel workers press steelmakers on wages and health care costs, with a strike authorization vote

Sep 11, 2018
The vote comes as U.S. Steel and ArcelorMittal are in union contract negotiations.
Sean Gallup/Getty Images

Japan trade officials and companies take a nuanced approach to U.S. tariffs

Sep 4, 2018
The Trump administration’s 25 percent tariff on imported steel has triggered retaliation from U.S. trading partners such as Canada, the European Union, and China. But over the past few months, Japan, which has also been a target of U.S. tariffs,…

As Turkey’s currency tumbles, contagion fears rise

Aug 10, 2018
Turkey’s currency, the lira, is in free fall. It’s been declining for months and today it reached a record low, down by as much as 18 percent. Part of the reason is Turkey’s bad relations with the United States. The…
Turkish Lira currency is seen on November 21, 2017 in Istanbul, Turkey.
Chris McGrath/Getty Images

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