Tag «aluminum»

Canada set to impose $12B in tariffs on US

Canada set to impose $12B in tariffs on US

Canada has revealed retaliatory tariffs against U.S. duties on steel and aluminum. They’re set to go into place July 1. The tariffs target things like ketchup, boats, toilet paper, dishwasher fluid, playing cards, coffee and yogurt. They’ll total around $12.6 billion in U.S. goods. Mexico, Turkey and the European Union have also announced tariffs in …

Lori Wallach and Michael Hudson Debate Trump’s Plan to Impose Steel & Aluminum Tariffs

Lori Wallach and Michael Hudson Debate Trump’s Plan to Impose Steel & Aluminum Tariffs

JUAN GONZÁLEZ: “Trade wars are good, and easy to win.” That’s the message President Trump tweeted on Friday, sending shockwaves across the globe and sparking fears of impending economic volatility. On Thursday, world stock markets tumbled after Trump announced he’s imposing new tariffs on imports of foreign steel and aluminum. The new tariffs—25 percent on …

China warns US against imposing metal tariffs

China warns US against imposing metal tariffs

The U.S. is edging closer to a trade war with China as President Donald Trump mulls whether to impose tariffs against imports of steel and aluminum. Commerce Secretary Wilbur Ross outlined a number of potential tariffs and limits to Chinese metals, which are notorious for flooding markets at below standard prices. But the reasoning behind …