Margaret Spiegelman

3 days ago | insidetrade.com | Margaret Spiegelman

Mexico next week will announce potential measures to defend its interests from recently hiked U.S. national security duties on steel and aluminum unless it strikes a deal with Washington, Mexican President Claudia Sheinbaum said on Wednesday. Sheinbaum spoke during a press conference about a recent U.S. move to double tariffs on steel and aluminum imposed under Section 232 of the Trade Expansion Act of 1962.

4 days ago | insidetrade.com | Margaret Spiegelman

Trade talks with the European Union are moving apace following a “constructive” meeting with European Trade Commissioner Maroš Šefčovič, U.S. Trade Representative Jamieson Greer said on Wednesday.

4 days ago | insidetrade.com | Margaret Spiegelman

Exceptions for U.S. national security-based duties on steel will be “few,” White House National Economic Council Director said on Tuesday, emphasizing that the Trump administration sees them as essential for countering Chinese overcapacity. Hassett spoke about the duties, imposed by President Trump during his first term under Section 232 of the Trade Expansion Act of 1962, to an audience of steel executives gathered in Washington for the American Iron and Steel Institute’s annual general meeting.

1 week ago | insidetrade.com | Margaret Spiegelman

President Trump on Friday said he will raise U.S. tariffs on steel and aluminum from 25 percent to 50 percent. Trump announced the hike on steel tariffs at a rally at a U.S. Steel Corporation facility in western Pennsylvania . He’d traveled to the facility to tout a nearly completed agreement on the company’s controversial acquisition by Nippon Steel. “We're going to bring it from 25 percent to 50 percent the tariffs on steel into the United States of America,... Not a subscriber?

1 week ago | insidetrade.com | Margaret Spiegelman

U.S. trading partners on Thursday reacted tentatively to a U.S. Court of International Trade decision – now stayed – to overturn many of President Trump’s tariffs, as officials, stakeholders and analysts suggested that litigation may not soon resolve questions about where Trump’s trade policy is headed. The CIT late Wednesday ruled that Trump overstepped his authority when he used the International Economic Emergency Powers Act to impose tariffs on nearly all U.S. trading partners.