Coil like this is about to get a lot more expensive for U.S. manufacturers. (Image courtesy of BBC.)
Back in March, the Trump administration announced that it would begin applying steep tariffs to U.S. imports of steel and aluminum from most trading partners worldwide. Certain allies, including Canada, Mexico and the European Union were granted indefinite exemptions to these penalties as trade officials sought satisfactory alternatives. There was hope on both sides that an arrangement could b…
Source URL: Steel Squeeze: A Look at How the Trump Tariffs Could Impact Manufacturing in North America
Source Website: Advance Engineering – Engineering.com