Tag: trade policy

Growth remains uneven, and capital continues to concentrate. But compared to the rest of the world (RoW), the US continues to have the most stable path forward.

US Congressmen Mike Kelly (R-Pa.) and Chris Deluzio (D-Pa.) have introduced the Strengthening Trade Enforcement and Evasion Limitations Act (STEEL Act) into the House of Representatives. The bipartisan bill aims to curb unfairly traded imports and strengthen US trade enforcement.

The Pennsylvania Commonwealth Court has sided with Wheatland Tube, a Zekelman Industries company, in a landmark trade ruling that bars public agencies and contractors in the state from using Mexican-made steel conduit in state-funded projects.

The Coalition for a Prosperous America (CPA) is urging the Trump administration to keep Section 232 steel and aluminum measures focused on rebuilding US capacity, rather than using them as bargaining chips in unrelated negotiations.

Wiley attorneys Alan Price and Ted Brackmeyer argue that significant changes to the USMCA and continued Section 232 tariffs on Canada and Mexico are needed to support American steelmaking.

It was only a matter of time before a shutdown happened. And, no, we aren’t talking about the federal government’s lapse in appropriations. On Oct. 9, Beijing announced a series of restrictions that will effectively shut down exports of rare earth elements, magnets, and certain downstream products vital to advanced manufacturing.

US President Donald Trump took to social media late Thursday night to announce he was canceling trade talks with Canada.

Below are some other issues that should be on your radar. Because while prices have been steady, a lot is going on when it comes to news that could impact them.

The Department of Commerce received 97 submissions from producers, manufacturers, and groups seeking Section 232 tariff coverage for steel and aluminum derivative products.

Tariffs are ultimately to blame for stagnant demand in the hot-rolled coil market, domestic market sources tell SMU.

Canadian Prime Minister Mark Carney and US President Donald Trump told reporters at the White House on Tuesday that they’ll be formulating a trade deal that works for both nations.  

There is no doubt that the current government shutdown reflects the vast divisions between the extremes of American politics, society, and even geography. Almost all Americans agree that government is necessary, but voters disagree...

International trade law and policy remain a hot topic in Washington and beyond this week. We are paying special attention to the ongoing litigation of the president’s tariff policies and the administration’s efforts to heighten trade enforcement.

The US government determined this week that hot-rolled steel imports from a handful of countries continue to threaten the domestic steel industry.

Could an upcoming BRICS meeting spell trouble for President Trump's trade policy?

Barry Zekelman has a unique vantage point from which to view today’s trade landscape. A Canadian national who owns operations in both the US and Canada, he has also had dialogue with both Canadian and American administrations.

Tariff policy dominated the discussion of the SMU Steel Summit trade panel on Tuesday afternoon. The message was clear: uncertainty is rattling the steel supply chain.

The bipartisan Congressional Steel Caucus is pushing for US officials to maintain a robust Section 232 program as they negotiate trade deals with America's trading partners.

Canada has agreed to drop some retaliatory tariffs on US products, effective Sept. 1.

On Thursday, the U.S. and EU agreed to more concrete terms to their handshake deal of last month.

The Canadian Steel Producers Association expressed dismay upon the news that the Trump administration had added over 400 products to the list of derivative products covered by the 50% Section 232 tariffs on steel and aluminum.

The question of the new world order was on many minds last week when I spoke on another SMU Community Chat. The short answer is that nobody knows in detail what the effects of all the economic and geopolitical developments will be.

The administration continues to negotiate deals with US trading partners, and the reciprocal tariff program appears poised for further modification. This week, we focus on other important developments that may have received less media attention.

Several EU member states have published a ‘non-paper’ that puts forward proposals for a post-safeguard trade measure.

As the president’s August 1 tariff deadline approaches, the “Let’s Make a Deal” game show returns to primetime (the Monty Hall version, of course). As the administration begins rolling out trade deals, we are starting to see what’s behind door number one and who is getting a “zonk.”

Canadian Prime Minister Mark Carney has announced new measures to limit steel imports into the country.

Trade issues do not seem poised to leave the headlines anytime soon. And as recent developments show, the administration’s tariff policy remains ever-changing.

Are we on the cusp of sorting out the tariff situation, or is this merely another round in the bout?

Subsidized Chinese steel imports and cheap steel products from Association of Southeast Asian Nations (ASEAN) entering Latin American (LATAM) are threatening the region's steel market.

Details of a new tariff-rate quota on US imports of British steel are lacking in the new US-UK trade deal.