As promised, US President Donald Trump has followed through with his proposal to impose hefty tariffs on imported steel and aluminium. Just a few days after voicing the idea at a meeting with steel and aluminium industry executives, Trump has signed the order to make it official. The new tariffs – 25% on steel and 10% on aluminium – take effect in 15 days. The auto industry, which heavily relies on these materials for production, has been watching developments closely….
Register your email and we'll keep you informed about our latest articles, publications, webinars and conferences. Unsubscribe anytime.
April 24, 2019