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Tag: steel
Biden Proposes Tripling Tariffs on Chinese Steel, Aluminum to Counter Beijing’s Product Dumping
In a move aimed at countering China's rampant export of its excess industrial capacity, U.S. President...
Three years back, the Trump administration slapped a 10 percent tariff on aluminum imports and a 25 percent tariff on steel imports on the grounds that these were necessary to protect the industries in America. In an interview with MSNBC, the Biden administration’s commerce secretary, Gina Raimondo, admitted that Trump’s decision was correct.
Biden Commerce Chief: Trump Tariffs on Steel and Aluminum are Effective
Three years back, the Trump administration slapped a 10 percent tariff on aluminum imports and a 25 percent...