Tag «US choses global trade confrontation»

“US choses global trade confrontation” warns EUROFER as President Trump adopts Section 232 National Security trade measures on steel   

Brussels, 1 March 2018 – President Trump has decided to impose a US import tariff of 25% on steel imports.  The tariff covers all steel coming from all countries totalling 35 million tonnes representing a value of $30 billion (2017). President Trump has chosen the most disruptive option among those recommanded by his Secretary of …