Expanded US steel tariffs impact global trade and manufacturers

Tariffs threaten to impact US trailer production: FTR - Global Trailer

Rest area for trucks near a busy interstate freeway. Image: bilanol/stock.adobe.comFreight transportation forecaster, FTR, said January marks the third consecutive month of positive year-on-year growth for net trailer orders in the US. Orders in January decreased 2.0 per cent month-over-month but rose by 81 per cent year-over-year, reaching 23,966 units. Total trailer net orders for the 2025 order season (September 2024-January 2025) are down 21…

Expanded US steel tariffs impact global trade and manufacturers

US President Donald Trump issued an executive order on Monday February 10 restoring the full 25% tariffs that were initially imposed in 2018, under Section 232 of US trade regulations, to apply to imports of steel articles from all countries, in an attempt to stem a surge in imports that he said once again was a threat to national security. The order eliminated exemptions and alternative arrangements for some countries put into place over the in…