Government/Policy
February 16, 2025
Written by Lewis Leibowitz
The world trading system changed on Feb. 1, when President Trump declared that 25% ad valorem tariffs would apply to all imports from Canada and Mexico. Then, on Feb. 3, he postponed the tariffs for 30 days in response to what were minor concessions on the part of those countries’ governments.
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.