US Edition'It's a Lose-Lose for American Consumers': As Steel Tariffs Double, a North Carolina Manufacturer Wonders How to Compete
10 Articles
10 Articles
High tariff barriers make business with the United States difficult. Recent figures on German foreign trade confirm this. After all, the decline is still comparatively manageable.
'It's a lose-lose for American consumers': As Steel Tariffs Double, a North Carolina Manufacturer Wonders How to Compete
On June 4, President Trump raised the tax on imported metals to 50%, twice what it was previously. While a federal court did recently block Trump’s sweeping tariffs, they will remain in effect for the foreseeable future as the White House appeals the court’s ruling. While it’s possible that higher tariffs could boost domestic production of steel and aluminum, it’s more likely that the tax policy will raise costs for consumers and companies that…
rnd.de
LVZ - Leipziger VolkszeitungThe new US tariffs on iron, steel and aluminium are affecting German exports to the United States. However, the German economy is proving to be resilient: the decline has been moderate so far.
Badische Neueste Nachrichten
High tariff barriers make business with the United States difficult. Recent figures on German foreign trade confirm this. After all, the decline is still comparatively manageable.
berliner-sonntagsblatt.de
EU-SchwerbehinderungFrom January to April 2025, iron and steel, as well as goods made from these materials, worth €1.3 billion were exported from Germany to the United States. Compared to the same period last year, exports of these goods to the USA fell by 0.4 percent, the Federal Statistical Office (Destatis) announced on Wednesday. Thus, iron and steel exports to the USA in the first four months of 2025 fell less sharply than overall German iron and steel exports…
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