aluminum
Trump keeps 10% tariffs on U.K., cuts taxes on British autos, steel and aluminum in trade deal
U.S. President Donald Trump agreed on Thursday to cut tariffs on U.K. autos, steel and aluminum in a planned trade deal but played down the possibility of other nations getting similarly favourable terms on his import taxes, which are roiling the global economy. Under the framework agreement, the U.K. is to buy more U.S. beef and ethanol and streamline its customs process for goods from the United States. But Trump’s baseline 10 per cent tariffs against British goods are to stay in place, and the Republican president suggested that even higherRead more
These charts reveal a Canada-U.S. bond forged in steel and aluminum
It’s a move that could reshape North American trade. Earlier this month, U.S. President Donald Trump announced tariffs on all steel and aluminum products coming into the U.S. from anywhere, including Canada. That means each time any Canadian steel or aluminum crosses the 49th parallel, the exporter will have to shell out 25 per cent to the U.S. government — on top of another 25 per cent if Trump makes good on his threat to tariff all goods coming from Canada. Here are nine charts that put the metal trade between the U.S. andRead more