Why We Can't Have Nice Things: Can You Afford Tariffs on Tin Cans?
"There's nobody that says, wait, is this good for America? Is this good for the American consumer?"
steel industry
Biden Administration Considering New Tariffs That Will Hike Prices for Canned Goods
The Commerce Department and the International Trade Commission are considering a petition that would impose tariffs of up to 300 percent on tinplate steel.
Banning Chinese Products in the Name of 'National Security' Could Have Disastrous Consequences
It would result in shortages, decreases in productivity, and higher production costs affecting millions of American workers and nearly every consumer.
U.S. Trade Commission Admits Tariffs Raised Prices for American Consumers
American companies and consumers "bore nearly the full cost of these tariffs because import prices increased at the same rate as the tariffs."
America Needs a Better Kind of Capitalism
Big corporations and entire industries constantly use their connections in Congress to get favors, no matter which party is in power.
American Steelmakers Are Still Defending Trump's Tariffs That Crushed Consumers
Any gains seen by the steel industry from tariffs have been overshadowed by the losses for downstream companies and higher prices for consumers.
Why Is Biden Still Limiting Imports of South Korean Steel?
Biden's top trade adviser says tariffs must be "strategic," but what strategic value do tariffs on South Korean steel serve?
Stop The Steel: Biden Is Replacing Trump's Tariffs With Import Quotas
Biden will allow 3.3 million metric tons of European-made steel to be imported annually without tariffs. After that, Trump's 25 percent tariffs will remain in force.
More Than 300 Manufacturers Just Asked Biden To Repeal Trump's Steel Tariffs as Prices Skyrocket
Trump imposed huge tariffs on imported steel and Biden is keeping them in place even as American businesses beg for relief.
Trump's 'National Security' Steel Tariffs Are Just Old Fashioned Protectionism. Here's the Data To Prove It.
The department has granted just 1 percent of the tariff exemption requests that were challenged by domestic steel producers.
Steel Company CEO Says Everyone Else Should Have To Pay for Trump's Tariffs, but Not Him
Robert Wetherbee says steel tariffs might force his business to shutter. But instead of asking for the tariffs to be lifted, he wants special treatment.
More Layoffs, Falling Stock Prices Show How Trump's Tariffs Have Harmed American Steelmakers
A Michigan steel plant annnounced it's closing at the end of the year, while U.S. Steel stocks are down 75 percent since Trump's tariffs were announced.
At Least 80 Workers Are Losing Their Jobs at This Pennsylvania Steel Plant. Tariffs Are To Blame.
Trump's steel protectionism seems to have failed. Again.
Two Solar Companies Said Tariffs Would Save Their Businesses. They Went Broke Anyway.
Who could have seen that coming? Well, lots of people did—but the U.S. International Trade Commission and President Trump didn't listen.
As U.S. Steel Slows Production, It's Time To Stop Pretending Tariffs Work
The biggest American steelmaker says there has been reduced demand for their products in recent months, probably because they raised prices after Trump slapped tariffs on foreign steel.
Trump's Tariffs Aren't Even Helping Steelmakers
Nucor's stock price is down 16 percent since August. Executives say the fourth quarter will be even worse.
Protectionism vs. Cheap Beer
If you tax something, you get less of it, and Trump's tariffs are a tax on making things-including cans, kegs, and the beer that goes into them.
The Economic Case for Free Trade Is Stronger Than Ever
But working-class identity politics threaten to ruin everything.
This American Metalworking Company Is Already Paying Up to 30 Percent More for Steel Thanks to Trump's Tariffs
"Those are traumatic increases. They are shocks to our system," says Mike Schmitt, CEO of The Metalworking Group, an Ohio-based manufacturer.
4 Bad Arguments for Trump's New Tariffs
When it comes to trade, the president believes a lot of nonsense.
Stossel: Trump's Steel Tariffs Will Hurt Americans
John Stossel says voluntary, free trade improves lives.
A Matter of Steel Industry Security
Steel imports are no more a threat to U.S. national security than imported sugar or lumber or tulips.