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Classified in: Mining industry, Oil industry
Subject: SVY

U.S. Industry Sharply Divided on Trump's Tariff Plans; Steel Cheers, Manufacturers Recoil, an Industrial Info News Alert


SUGAR LAND, Texas, March 5, 2018 /PRNewswire/ -- Researched by Industrial Info Resources (Sugar Land, Texas)--U.S. President Donald Trump doubled down in defending his decision Thursday to slap a 25% tariff on steel imports and 10% tariff on aluminum--a decision that sent markets tumbling toward the end of last week, drew praise from the domestic steel industry, and raised the ire of foreign governments, domestic manufacturers and some members of the president's own party. Industrial Info is tracking about $15.4 billion in active projects at steel mills across the U.S., including $9.2 billion that are set to begin or end construction this year.

Industrial Info Resources

Within this article: Details on how different industries are reacting to Trump's decision, including companies such as Nucor Corporation, AK Steel Corporation, United States Steel Corporation, Electrolux Group and Campbell Soup Company, and relevant projects from those affected.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principletm, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to [email protected]  or visit us online at http://www.industrialinfo.com.

William Ploch
713-783-5147

 

SOURCE Industrial Info Resources, Inc.


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