Market Data 
Markets
Replies to post #17255 on The Rising Influence of Rising Affluence
10/01/18 4:02 PM
The agreement would leave in place Trump administration tariffs on imported steel [25%] and aluminum [10%], as U.S. negotiators have insisted that any changes to U.S. duties on steel and aluminum that took effect in June be addressed separately from a broader trade deal.
U.S. trade negotiators will face pressure from domestic steel producers to keep in place a tariff that has given them leverage to raise prices. Those higher prices have allowed U.S. producers to improve margins and expand production at domestic plants.
AI
