The Indian government's notice shows that India has proposed to impose a 12% protective duty or temporary tax on certain steel products for a period of 200 days.
On February 15th, Brazilian President Lula said on the 14th that if the United States imposes steel and aluminum tariffs on Brazil, Brazil will take reciprocal measures to counter, increase taxes on products exported to Brazil by the United States, and file a complaint with the World Trade Organization. Lula said in an interview with Brazil's Para Club radio station that day that the performance of the United States worries him. There is no doubt about how Brazil will respond to the United State...
The text of Trump's executive order on steel and aluminum tariffs indicates that the new rates will take effect on March 12.
European Union diplomats: European Union trade ministers to hold video conference on Wednesday after Trump confirms steel and aluminum tariffs.
President Trump: There are no exceptions or exemptions to the steel and aluminum tariffs.
On February 11, local time on February 10, US President Trump signed an executive order announcing a 25% tariff on all steel and aluminum imported into the United States. Trump also said on the same day that there are "no exceptions and exemptions" to the relevant requirements.
On February 10, Foreign Ministry spokesperson Guo Jiakun hosted a regular press conference. According to Bloomberg reporters, US President Trump said that he will announce a 25% tariff on all steel and aluminum imports into the United States on the 10th. What is China's comment on this? Guo Jiakun said that please ask the competent authorities for specific questions. "What I want to emphasize is that there is no way out of protectionism, and there is no winner in trade wars and tariff wars."
On February 10th, US President Trump: We will announce a 25% tariff on all steel and aluminum entering the United States on Monday. A reciprocal tariff will be announced on Tuesday or Wednesday, which will take effect almost immediately.
Trump plans to unveil 25% steel and aluminum tariffs on Monday, and reciprocal tariffs this week. Click to view...
President Donald Trump said he would announce 25 percent tariffs on all steel and aluminum imports on Monday. The tariffs would apply to metals imported from all countries. But Trump did not say when the tariffs would take effect. In addition, he also said he would impose reciprocal tariffs on countries that would announce tariffs on U.S. imports later this week. Trump said the tariffs would not take effect on the same day as the announcement, possibly Tuesday or Wednesday, but would go into eff...
U.S. Steel (X. N) rose short-term, expanding gains to 1.8 percent at one point, as President Donald Trump considers allowing the sale of U.S. steel to Japanese iron companies.
U.S. Representatives French Hill and Brian Steele have released a discussion draft of a bill that would establish a regulatory framework for U.S. dollar-pegged payment stablecoins. The legislation would impose a two-year ban on the issuance of "endogenous collateralised stablecoins", meaning issuers would be prohibited from creating stablecoins backed by self-issued digital assets. In addition, it would require the US Treasury to promote research on stablecoins. Before the draft bill was release...
On February 1st, according to foreign media reports, US President Trump said on Friday that the United States will impose tariffs on imports such as computer chips, pharmaceuticals, steel, aluminum, copper, oil and natural gas as soon as mid-February. Trump added that he also wants to impose tariffs on the European Union, but did not specify the timing and rate of tariffs. The announced tariffs on these industries and the European Union appear to be separate from the 25% tariffs on Canada and Me...
Valin Steel: plans to buy back shares at 200 million yuan - 400 million yuan, and the repurchase price does not exceed 5.80 yuan/share.
This article analyzes the recent fundamentals of China's steel market (hot coil, rebar) and looks forward to future trends in steel prices.