(C) Common Dreams
This story was originally published by Common Dreams and is unaltered.
. . . . . . . . . .



China Is at Heart of Trump Tariffs on Steel and Aluminum [1]

['Keith Bradsher']

Date: 2025-02-10

Follow live updates on Trump’s tariffs and executive orders.

President Trump’s promise to impose 25 percent tariffs on Monday on all U.S. imports of steel and aluminum would primarily target American allies, but at their heart they strike at his longtime nemesis: China.

The top five suppliers of steel to the American market in January were Canada, followed by Brazil, Mexico, South Korea and Germany. Canada has also led in aluminum exports to the United States, while the United Arab Emirates, Russia and China are far behind.

China does not export a lot of steel or aluminum directly to the United States. A succession of presidents and Commerce Department rulings have already imposed many tariffs on steel from China. Tariffs have also gone up lately on Chinese aluminum. Just last September, President Joseph R. Biden raised existing tariffs on many Chinese steel and aluminum products by up to 25 percent.

But China dominates the global steel and aluminum industry. Its vast, modern mills make as much or more of both metals each year as the rest of the world combined. Most of it is used within China’s borders, to build everything from high-rises and ships to washing machines and cars.

[END]
---
[1] Url: https://www.nytimes.com/2025/02/10/business/china-trump-tariffs-steel-aluminum.html

Published and (C) by Common Dreams
Content appears here under this condition or license: Creative Commons CC BY-NC-ND 3.0..

via Magical.Fish Gopher News Feeds:
gopher://magical.fish/1/feeds/news/commondreams/

You are viewing proxied material from magical.fish. The copyright of proxied material belongs to its original authors. Any comments or complaints in relation to proxied material should be directed to the original authors of the content concerned. Please see the disclaimer for more details.