In 2024, 23% of all steel used in the U.S. was imported, with Canada, Brazil, Mexico, South Korea and Vietnam as the biggest suppliers.
"If it escalates into bilateral tariffs, we estimate an 8% hit to EPS assuming unitary elasticity," Bank of America analysts said.
Oil prices were steady on Tuesday as traders digested another round of trade tariffs, this time a 25% levy on all U.S.
President Trump pumped the brakes last week on a pledge to shut down an import tax exemption for cheap consumer goods from ...
President Trump has proposed a sweeping set of tariffs. Does this mark the end of the post-war free trade world?
President Donald Trump signed an order Monday imposing global tariffs of 25% on all steel and aluminum imports in a move that ...
President Donald Trump ordered a 25% tariff on steel and aluminum imports, escalating his efforts to protect politically ...
The tariffs will apply to millions of tons of steel and aluminum imports from Canada, Brazil, Mexico, South Korea and other countries that had been entering the US duty-free under the carve-outs ...
A version of this article originally appeared in Quartz’s members-only Weekend Brief newsletter. Quartz members get access to ...
The Mexican Peso depreciated against the US Dollar on Monday after US President Donald Trump decided to apply 25% tariffs on aluminum and steel imports into the United States (US), including Mexico ...