Features
US and China delay reciprocal tariffs, Section 232 tariffs stand
Written by Kristen DiLandro
August 12, 2025
US President Donald Trump extended the US and China’s 90-day pause on planned reciprocal tariffs on Monday. While the two nations continue to negotiate a trade deal, the president said he’d delay the hikes threatened in his executive order.
However, the extension does not apply to steel and aluminum tariffs, which remain separate and subject to Section 232 tariffs. The current Section 232 rate for Chinese steel imports imposed by Trump earlier this year stands at 50%.
China suspended its planned retaliatory measures for the same 90-day duration.
Kristen DiLandro
Read more from Kristen DiLandroLatest in Features
September service center shipments and inventories report
September service center shipments and inventories report for sheet and plate
Final Thoughts
Musings on decarb, tariffs, and technology, and where it might be leading.
Industry piles on new Section 232 steel derivative inclusion requests
The Department of Commerce received 97 submissions from producers, manufacturers, and groups seeking Section 232 tariff coverage for steel and aluminum derivative products.
NEMO Industries announces $3B domestic pig iron venture
NEMO Industries has announced a venture to build a pig iron plant in Louisiana. The plant will use advanced technologies, including integrating AI.
Final Thoughts
There are days when this feels like a “nothing ever happens” market. Don’t get me wrong. Plenty is happening in the world. It’s just that none of it seems to matter when it comes to sheet and plate prices.