Tariffs have long been a contentious topic in the United States, with their implementation and effects sparking heated debates among economists, policymakers, and consumers alike. Today we will look into the intricate world of tariffs, exploring their history, purpose, and most importantly, their overall impact on American consumers.
The housing and construction sectors are large consumers of steel. According to World Steel in 2023 construction consumed almost 50% of all steel produced worldwide. These industries continue to face challenges in 2024, but there are some signs of improvement on the horizon. This article examines key trends and data...
The International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) have reached a tentative agreement, ending the strike that began earlier this week at East Coast and Gulf Coast ports. This development brings relief to the U.S. supply chain and averts potential disruptions to various industries.
Financial Times, New York Times and Washington Post revealed that the President had agreed to allow Nippon Steel to resubmit its filing with CFIUS. This will activate a 90-day extension to the committee’s considerations, making any decision unlikely before January – just days before the inauguration of the US’s next President.
