Nucor Corporation manufactures steel products. The Company's products include carbon and alloy steel, steel joints, steel deck, cold finished steel, steel grinding balls, steel bearing products, and metal building systems. Nucor also brokers ferrous and nonferrous metals, pig iron, HBI, and DRI, supplies ferro-alloys, processes ferrous, and nonferrous scrap.
U.S. President Donald Trump has temporarily excluded six countries, including Canada and Mexico, and European Union states from higher U.S. import duties on steel and aluminum meant to come into effect on Friday.
The Institute for Supply Management said its manufacturing index slipped to 59.3% last month from a 14-year high of 60.8% in February. Economists surveyed by MarketWatch had forecast the index to total 60%.
Republicans see a chance to flip a congressional seat in northern Minnesota, where President Trump’s steel tariffs are being celebrated as a boost for the mining industry.
Beijing argued that it would be imposing the duties ‘in order to safeguard China’s interests,’ after President Donald Trump approved tariffs.
The move, against mainly agricultural products, will escalate tensions between the two trading nations.
Despite protests about his tactics, countries from Germany to South Korea are flinching in the face of Trump’s threats.
The underlying rationales for Trump's recent proclamations/actions on trade are examined. They are flawed. We are entering a dangerous time for the global economy.
A trade war is when a nation imposes tariffs on imports and foreign countries retaliate. Over time, trade wars reduce international trade.
President Donald Trump said his administration would slap tariffs on steel and aluminum imports to the United States, the latest in a series of moves to reorder the country’s trade arrangements along lines Trump believes are more favorable to American interests. The Trump administration has long criticized China for flooding the U.S. market with cheap commodities, and the 25 percent tariff on steel and 10 percent tariff on aluminum Trump announced March 1 seemed calculated in part to rein in what the administration considers unfair Chinese trade practices. But some critics, like Sen. Angus King, I-Maine, have charged that a ...
If Trump’s trade provocations mushroom out of control, dozens of border-opening trade deals negotiated over several decades could be shoved aside.
The U.S. agreed to revise its trade deal with South Korea and spare the country from President Donald Trump’s steel tariff, as the allies sought to resolve disputes before planned meetings with Kim Jong Un.
He said at his introductory news conference he’s “got a lot to prove,”and he “still wants to be elite.”
The deal comes amid a flurry of exemptions and revisions to the steel and aluminum protections announced this month by the White House.
President Donald Trump on Thursday directed his top trade representative to impose an estimated $50 billion in new tariffs against Chinese goods.
President Trump is gearing up to impose $50 billion in tariffs on China, intensifying a long-running dispute in which the U.S. has repeatedly accused the Asian giant of unfair trade practices.
Fears of all-out trade war as Beijing says policy undermines global trading system
In the China-U.S. spat, the timing and the implementation make all the difference.
Let’s not forget that with 19% of a total of $6.26 trillion in U.S. debt to foreign creditors, China is the biggest holder of U.S. debt, writes the Atlantic Council’s Marie Kasperek.
The stock market bounced back from a round of trade worries earlier this month, only to get hammered again on Thursday as the Trump administration took aim at China. Here’s what’s in play.
HISTORY will rhyme on March 23rd, when Donald Trump’s tariffs on steel and aluminium imports are due to come into force. Several previous presidents, from Ronald Reagan to Barack Obama, also used tariffs in an attempt to protect America’s steel producers from foreign competition.