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Trump's steel and aluminum tariffs disrupt international trade, and it is reported that the EU plans to investigate aluminum imports.
① According to media reports, the EU may announce an investigation into the Aluminum market this Wednesday in response to the surge in Aluminum imports that may result from USA's tariff policy; ② The EU plans to tighten loopholes in the Steel import tariff system and is considering implementing restrictions on Metal exports to protect the local Industry.
Trump's "Steel and Aluminum Tariffs" have sparked public outrage! Canada has once again filed a dispute complaint with the WTO...
① Canada has appealed to the WTO regarding the USA's tariffs on Steel and Aluminum, believing that it violates the obligations of the 1994 General Agreement on Tariffs and Trade. ② The World Trade Organization announced on Thursday that it has received Canada's complaint and distributed it to WTO members on the same day.
Olympic Steel Promotes Jerry Gideon to Vice President
Base Metal Prices Mixed as Markets Digest Imposition of U.S. Tariffs -- Market Talk
A major reversal in the US-Canada trade war, White House Chief Trade Advisor: There are no plans to implement adjustments to Steel and Aluminum tariffs.
President Trump of the USA originally planned to increase tariffs on Canadian Steel and Aluminum products to 50% on Wednesday, but this decision underwent a dramatic reversal in less than six hours.
The trade war between the U.S. and Canada escalates again! Trump announces that the tariffs on Canadian Steel and Aluminum products exported to the U.S. will increase to 50%.
① Trump announced a 25% additional tariff on all Steel and Aluminum products from Canada, raising the tariff level to 50%, which will take effect on the morning of March 12; ② Trump also stated that if Canada does not reduce tariffs on Dairy Products and Other Commodities from the USA, he will "significantly increase" tariffs on Canadian Auto Parts on April 2.
Ezkilz : clf?
ASteffie : I was just hoping I might be holding these. I am on Cleveland CLF
Tonyco : $United States Steel (X.US)$
$Steel (SPLP.US)$
Tonyco : also $Greenwave Technology Solutions (GWAV.US)$ (scrap) Risky, but they seem confident.
$Heritage Global (HGBL.US)$ (financial distress) lots more bankruptcy coming for Trump related reasons.
$Pangaea Logistics Solutions (PANL.US)$ Northwest Passage will become navigable 24/7 within 5 years. This route is superior to Suez and Panama, being 35% shorter distance. They happen to have the largest specialized fleet capable of navigating the waters sooner rather than later.