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President Trump on Monday signed proclamations to bolster tariffs on all steel and aluminum imports into the United States and crack down on attempts by China and Russia to evade penalties.
Canada is also a major supplier of aluminum to the United States, followed distantly by the United Arab Emirates, Russia and China. Mr. Trump’s decision to impose tariffs on metals is not new.
Its import reliance is high, around 40%-45% for aluminium and 12%-15% for steel," said Daniel Hynes, senior commodity strategist at ANZ in Sydney. Some aluminium that usually would move to the ...
President Donald Trump moved to substantially raise tariffs on steel and aluminum imports on Monday, canceling exemptions and duty-free quotas for major suppliers Canada, Mexico, Brazil and other ...