News

US steelmakers eye mixed second quarter despite tariff-led price spikes
Top U.S. steelmakers' second-quarter fortunes are likely to be a mixed bag, caught between a fillip from higher steel prices and uneven demand amid uncertainty over U.S. President Donald Trump's ...
‘Steel is the very foundation of Canada.’ Carney delivers aid package to industry, workers ravaged by Trump tariffs
The package includes caps on imported steel, a push to prioritize Canadian steel in government procurement, and $70 million ...
Canada to Curb Steel Imports to Soften Blow From US Tariffs
Canada will reduce the amount of foreign steel that importers can bring in tariff-free, a move to help domestic producers ...
Canada announces steel tariffs on some trade partners to protect domestic industry
Prime Minister Mark Carney on Wednesday said Canada will introduce a tariff rate quota for countries with which it has free ...
Steel producers warn of dire consequences of 50% tariff if broader U.S. trade deal isn’t reached
Industry made the comments after Prime Minister Mark Carney said he didn’t believe the U.S. would fully remove levies on ...
U.S. Proposes Steep Tariffs on Critical E.V. Battery Material
The Commerce Department plans to impose a 93.5 percent levy on Chinese graphite, an essential ingredient in the batteries ...
Canada Limits Steel Imports From All Countries Except U.S., Mexico
Canada introduced limits on how much foreign steel produced in countries other than the U.S. and Mexico can be imported to ...
Tariffs, explained—and explored
Tariffs—taxes placed on imported goods—are one of the oldest tools in the United States' economic policy arsenal, dating back ...
UK Pushes US to Drop Key Sticking Point to Steel Trade Deal
UK officials are optimistic that the Trump administration will soon agree to modify the domestic-production requirements that are holding up a trade agreement to lower US tariffs on British steel.
Trump tariffs live updates: Trump says he'll send letters to over 150 countries, plans tariff barrage Aug. 1
President Trump on Wednesday said he would be sending letters to over 150 countries as he plans a barrage of duties to take ...