Government/Policy
February 1, 2025
Written by Lewis Leibowitz
President Trump announced on Saturday that tariffs on Canada and Mexico (25%) as well as China (10%) would be effective from Feb. 4.
More details beyond that – besides that Canadian “energy resources” would be tariffed at a lower rate (10%) – were sparse. I’m sure we will learn more in time.
The proposed Hyundai-POSCO steel mill in Louisiana has been approved for up to $1.3 billion in bond financing, according to state records and local media reports.
The phrase “Fortress North America” seems to resurface anytime US, Canada, and Mexico trade negotiations roll around. The idea of an economic Fortress North America burst onto the scene in the late 1980s and early 1990s in the lead up to NAFTA. In theory...
The Commerce Department has found high dumping rates of Chinese tin mill products in the US market.
In the trade case investigating subsidized wire rod imports from Algeria, the Commerce Department set final subsidy rates and officially issued the countervailing duty (CVD) order.
The US Department of Commerce has raised the anti-dumping duties (AD) on imports of oil country tubular goods (OCTG) from Vietnam.