South Korean steelmakers eye US production, higher-value products as Trump tariffs kick in
Two major South Korean steelmakers are considering their investment options in new facilities as major producers worldwide brace for increased tariffs on U.S. steel and…
CAMMU statement on expansion of Section 232 steel and aluminum tariffs
The Coalition of American Metal Manufacturers and Users (CAMMU) today issued the following statement on the expansion of the Section 232 tariffs on steel and…
US-Canada trade war heats up as Trump doubles metals tariffs, then backs off
President Donald Trump reversed course on Tuesday afternoon on a pledge to double tariffs on steel and aluminum from Canada to 50%, just hours after…
Trump metals tariffs draw swift retaliation from Canada and EU
President Donald Trump's increased tariffs on all U.S. steel and aluminum imports took effect on Wednesday, stepping up a campaign to reorder global trade in…
US auto firms seek tariffs exemption for key supplier Tata Steel Nederland
Tata Steel Nederland (TSN), the Dutch arm of the Indian steel giant, said on Wednesday some of its U.S. clients, notably from the automotive sector,…
US Commerce chief says nothing will stop metals tariffs, will add copper protections
U.S. Commerce Secretary Howard Lutnick said nothing would stop President Donald Trump's expanded 25% tariffs on steel and aluminum until U.S. domestic production is strengthened,…
Puma faces weak U.S. demand, plans job cuts as shares plunge
Puma on Wednesday announced job cuts and warned of uncertain U.S. consumer demand as the German sportswear group's shares slumped 23% in the wake of…
Zara owner Inditex “optimistic” about U.S. despite tariffs
Zara owner Inditex expects to keep growing in the U.S., CEO Oscar Garcia Maceiras said on Wednesday, despite signs that U.S. tariffs and retaliation from…
Dental floss and diamonds in EU sights to counter U.S. tariffs
From dental floss to diamonds, bathrobes to bourbon, the U.S. products chosen by the European Union for counter-tariffs next month are designed to make workers…
Trump’s expanded metals tariffs to hit goods from horseshoes to bulldozer blades
U.S. President Donald Trump's bulked-up tariffs on steel and aluminum due to launch within hours will hit nearly $150 billion worth of derivative products made…
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