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Trump to Order Steel & Aluminum Tariffs Next Week, an Industrial Info News Alert


SUGAR LAND, Texas, March 2, 2018 /PRNewswire/ -- Researched by Industrial Info Resources (Sugar Land, Texas)--In Thursday's news conference with 15 executives from the steel and aluminum industry, President Donald Trump said he would sign an order next week to impose 25% tariffs on steel imports and 10% tariffs on aluminum imports. The blanket tariff was one of the options recommended by the Department of Commerce as part of the Section 232 investigation into whether high imports were a national security threat. Trump said the tariffs would be implemented for an indefinite period, with no exemptions to North American Free Trade Agreement (NAFTA) countries or other countries.

Industrial Info Resources

Within this article:  Potential impact of import tariffs on domestic steel and aluminum firms.

Additional companies: AK Steel Corporation, Nucor Corporation, United States Steel Corporation, TimkenSteel, Century Aluminum Company

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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