Steel

For all the current disagreements on trade between the U.S. and China, there’s one thing that everyone agrees on. The world is producing too much steel. There’s overcapacity. So, why are we awash with steel? And what can be done about it? Click the audio player above to hear the full story. 

German Chancellor Angela Merkel will meet with President Donald Trump tomorrow, just ahead of the May 1 deadline for averting the steel and aluminum tariffs the Trump administration announced last month. What is the German leader hoping to get from her talks with the president? Click the audio player above to hear the full story. 

For years, low gas prices fueled sales of SUVs and pickup trucks, and low interest rates made it easier for car buyers to trade up every time some shiny new technology came along. But with gas prices and interest rates rising, and tariffs on imported aluminum and steel driving up costs, automakers are facing an […]

When the United States imposed tariffs on steel and aluminum imports last month, the European Union and a handful of other key allies got a temporarily exemption that expires next week. China was not granted an exemption and took its case to the World Trade Organization. This week, the EU has decided to join that […]