Category: Tariff
Ukraine Considers Zero Quota on Scrap Metal Exports to Support Domestic Steel Sector
Ukraine is considering a zero quota on scrap exports to support domestic steel production, boost revenues, and prevent…
Ukrainian Steelmakers Cut Semi-Finished Product Exports by 35% in Q1 2025
Ukrainian steel exports declined by 34.8% in Q1 2025, mainly due to reduced demand from traditional markets. Poland emerged as…
EU Greenlights Retaliatory Tariffs on U.S. Steel and Aluminum—Talks Still Possible
The EU has approved retaliatory tariffs on U.S. steel and aluminum imports worth €21 billion, citing economic harm and…
WTI Crude Oil Prices Surge Following Trump’s Surprise Tariff Pause
WTI crude oil prices surged following President Trump’s unexpected announcement to pause tariffs for 90 days, offering temporary…
Trump’s Abrupt Tariff Changes: Pausing Global Levies and Targeting China
President Trump’s abrupt tariff changes, including a 125% increase on Chinese imports, signal escalating trade tensions with…
Mexico’s Automotive Industry Faces Challenges Amid US Tariffs Despite USMCA Exemption
Mexico’s automotive industry faces significant challenges despite the USMCA exemption, as tariffs on steel, aluminum,…
Trump Administration Pushes for Early USMCA Renegotiation: Mexico’s Challenges and Opportunities
The Trump administration’s push for an early renegotiation of the USMCA presents opportunities and challenges for…
China Raises Tariffs on U.S. Goods to 84%
China raises tariffs on U.S. imports to 84%, escalating trade tensions. The new tariffs will take effect on April 10,…
German Economists Slash 2025 Growth Forecast to 0.1% Amid U.S. Tariff Impact
German economists have downgraded the country’s 2025 growth forecast to 0.1% as U.S. tariffs hit steel and aluminum…
U.S. Slaps 104% Tariffs on Chinese Imports as Trade Tensions Escalate
The U.S. increases tariffs on Chinese imports to 104%, escalating trade tensions and shaking global metals and…
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