Sentences with phrase «metal imports»

President Trump's threat to impose tariffs on metal imports could create a perfect storm for oil prices to crash, a strategist told CNBC.

Initially, this could mean restricting imports of steel and aluminum from China into the U.S. in an effort to rein in a flood of cheap metal imports that have harmed U.S. producers.

The Trump administration and the EU have been at odds since Trump announced additional costs for metal imports in March.

The practical consequences of taxing metal imports are small in the scheme of things (imported steel and aluminum are a very small slice of the overall economy), though the risks of escalation and a larger trade war are more distressing.

U.S. stocks headed for their third consecutive decline on Thursday with Dow blue chips back in negative territory for the year as President Trump imposed heavy duties on industrial metal imports.

«U.S. importers would likely have to pay tariffs on metals imported this month after the barriers are implemented, even if they are applying for an eventual exclusion, according to people familiar with the discussions,» the Journal added.

But, contrary to the president's words and those of some of his spokespersons over the last week, the tariffs did not reach across the board of all metals imports but exempted NAFTA partners Canada and Mexico from the measures.

Industry groups who rely on metal imports (ex.

According to the YTD figures on imports (page 26), the category that metal imports would fall under is industrial supplies and materials and for the category as a whole for January is 47,275 (reported in millions of USD).