Sentences with phrase «steel imports earlier»

Not exact matches

President Donald Trump pressed ahead with the imposition of 25 percent tariffs on steel imports and 10 percent for aluminium on Thursday but exempted Canada and Mexico, backtracking from earlier pledges of tariffs on all countries.

President Donald Trump's plan to impose tariffs on up to $ 60 billion worth of goods imported from China, and Beijing's response to earlier steel and aluminum tariffs, smashed the Shanghai Stock Exchange index.

President Donald Trump pressed ahead on Thursday with import tariffs of 25 percent on steel and 10 percent for aluminum but exempted Canada and Mexico and offered the possibility of excluding other allies, backtracking from an earlier «no - exceptions» stance.

Earlier this month, the Commerce Department recommended imposing heavy tariffs or quotas on foreign producers of steel and aluminum in the interest of national security, following a trade investigation of imports.

Trump earlier this month announced 25 percent tariffs on imported steel and 10 percent for aluminum that will take effect March 23.

Earlier this month, President Donald Trump excluded Canada and Mexico from import tariffs of 25 percent on steel and 10 percent on aluminum until May 1.

Earlier in the year, the U.S. imposed tariffs on imported solar panels, as well as steel and aluminum imports.

«We're hopeful this extension moves us toward the most productive path for our domestic steel industry — the tariffs President Trump announced earlier this year and a quota system to limit the amount of imports flooding our country,» Lebow said in a statement.

These moves include punitive tariffs on steel and aluminium, announced earlier this month, and expectations that Trump will target China specifically with new import taxes on its products.

CNBC's Jackie DeAngelis and Kate Rogers report on how energy and industrials are reacting to the Trump administration's plans for imposed tariffs on imported steel and aluminum as early as next week.

For example, the U.S. already experimented with steel tariffs or import controls in the 1980s and early 2000s.

«We're hopeful this extension moves us toward the most productive path for our domestic steel industry - the tariffs President Trump announced earlier this year and a quota system to limit the amount of imports flooding our country,» Leebow said in a statement.

WASHINGTON, March 7 - The White House raised the possibility on Wednesday that impending hefty U.S. tariffs on steel and aluminum imports could exclude a clutch of countries besides Canada and Mexico as President Donald Trump looked set to authorize the measures as early as Thursday.

WASHINGTON, March 7 - The White House raised the possibility on Wednesday that impending hefty U.S. tariffs on steel and aluminium imports could exclude a clutch of countries besides Canada and Mexico as President Donald Trump looked set to authorize the measures as early as Thursday.

Following President Donald Trump's early - March announcement that he would tax overseas metals — citing national security concerns with China as a rationale — the government imposed a 25 percent tax on steel and a 10 percent tax on aluminum imported from certain countries.

In early 2002, then - President George W. Bush imposed steel tariffs of up to 30 percent on imports of steel in an effort to shore up domestic producers against low - cost imports.

In early March, Trump signed orders imposing a 25 % tariff on imported steel and a 10 % tariff on imported aluminum, in a move he argued would protect and benefit U.S. workers and companies.

Trump gave U.S. steel producers a big gift in early March by imposing tariffs of 25 percent on steel imports from most foreign countries.

Fears of a global trade war have risen after Trump imposed hefty import tariffs on steel and aluminum earlier this month under Section 232 of the 1962 U.S. Trade Expansion Act, which allows safeguards based on «national security».

In early April, Commerce started the Section 232 investigation, focusing on whether steel imports represent a threat to national security.

When he appeared on the Sunday talk shows this weekend, Navarro's message was clear: The Trump administration is very serious about the new border taxes — 25 percent on imported steel, 10 percent on imported aluminum — and it could happen as early as this week.

Earlier this month, Trump placed steep tariffs on imports of steel and aluminum.

Earlier this year, the U.S. Department of Commerce also imposed import duties on Chinese - made steel wheels.