Government/Policy
June 4, 2025
Written by Ethan Bernard
Mexican steel trade group Canacero has condemned the US’ actions of doubling tariffs on steel and aluminum to 50%.
“Canacero regrets and rejects the unjustified decision of the United States government to impose and increase tariffs on steel imports from Mexico,” the group said in a press release in Spanish on Tuesday.
The American Iron and Steel Institute (AISI) is pressing President Donald Trump to raise the issue of China’s steel exports and industry subsidies during his upcoming summit with Chinese President Xi Jinping.
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.