US slaps ‘symbolic’ tariffs on China steel, aluminum
The United States has imposed tariffs on steel and aluminum products originating from China via Mexico, closing a loophole that had allowed Chinese metal suppliers to evade US tariffs since 2018.
Asian-News.net is your go-to online destination for comprehensive coverage of major news across Asia. From politics and business to culture and technology, we bring you the latest updates, deep analyses, and critical insights from every corner of the continent. Featuring exclusive interviews, high-quality photos, and engaging videos, we keep you informed on the breaking news and significant events shaping Asia. Stay connected with us to get a 24/7 update on the most important stories and trends. Our daily updates ensure that you never miss a beat on the happenings in Asia's diverse nations. Whether it's a political shift in China, economic development in India, technological advancements in Japan, or cultural events in Southeast Asia, Asian-News.net has it covered. Dive into the world of Asian news with us and stay ahead in understanding this dynamic and vibrant region.
The United States has imposed tariffs on steel and aluminum products originating from China via Mexico, closing a loophole that had allowed Chinese metal suppliers to evade US tariffs since 2018.
Beijing has vowed to take all necessary measures to protect the interests of Chinese companies after Canada announced its plan to impose tariffs on electric vehicles (EVs) and steel and aluminum products produced in China.
The Biden administration has unveiled a series of new measures to try to protect the United States’ shipbuilding and steel industries from being eroded by Chinese overcapacity and non-market investments.
Nippon Steel’s decision to buy US Steel, the iconic American company, is a test for Joe Biden. The president has embraced an economic security agenda designed to protect the interests of America’s middle classes while promoting partnership and closer collaboration with allies.
TOKYO -- Investors who took Nippon Steel's $14 billion-plus bid for U.S. Steel as a buy sign are now seeing another kind of signal: the blinking yellow light of political risk.
TOKYO -- Nippon Steel said on Wednesday that pushback in America against its plan to acquire U.S. Steel was "within expectations," citing the wave of opposition expressed by former U.S. President Donald Trump and others.
WASHINGTON -- Nippon Steel sent a delegation to Washington last week to meet with lawmakers and think tank analysts for discussions over the U.S. Steel acquisition, sources told Nikkei Asia.
Tata Steel said on Friday it will close its two blast furnaces in Britain by the end of this year, resulting in up to 2,800 workers potentially losing their jobs at its steelworks plant in Wales.