US EditionIndustry Groups Welcome US, Mexico Crackdown on Steel, Aluminum Trans ...
- The Australian Steel Institute faces a US tariff increase on steel imports from 25% to 50% effective June 4, 2025, affecting Australia.
- The tariff increase followed previous exemption lobbying by ASI and the Australian government under the last Trump administration amid ongoing legal battles over the tariffs.
- ASI serves as the main representative organization for Australia's steel sector, encompassing 700 companies and 7,000 members, contributing to employment for approximately one hundred thousand individuals and generating annual revenues around $30 billion, while the influx of inexpensive imported steel poses a threat to the domestic market.
- ASI chief Mark Cain described the tariff hike as disappointing and cautioned that global steel trade disruptions might lead to a surge in imported steel flooding the Australian market.
- ASI intends to continue lobbying for tariff relief to protect its members and the Australian steel industry from damaging import surges.
22 Articles
22 Articles
Los Angeles Times
The United Kingdom has already managed to maintain a 25% levy on its steel and aluminium under a recent trade agreement.
The Mexican Secretary of Economy, Marcelo Ebrard Casaubón, harshly criticized the decree of the President of the United States, Donald Trump, which doubles the tariffs on imported steel and aluminum, including Mexican production. READ ALSO: Remittances to Mexico fall 12% after taxes applied by Trump “It’s an unjust, unsustainable and inconvenient measure,” he said on Tuesday. Ebrard stressed that this trade policy, which increases taxes to 50%, …
The Secretary of Economy said the increase in tariffs on steel is unfair and said he will seek Mexico to be excluded from the measure.
Mexico City, 3 Jun (EFE).- Economy Secretary Marcelo Ebrard considered this Tuesday that the increase of 25% to 50% of the tariffs on steel and aluminum by the United States is an “unfair” measure, and advanced that this Friday will present in Washington the arguments of Mexico to request to be excluded from the measure, as happened with the United Kingdom. “I do not think, first of all, that they can be sustained over time (...) It will have to…
Coverage Details
Bias Distribution
- 57% of the sources lean Left
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
