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20 Jan
20:13

US industry responds cautiously to UK trade talks

Knowing the 232 tariffs are not a permanent solution but still benefiting greatly from them, the US steel industry is cautioning its government to be vigilant on new trade agreements so as not to flood the market with imports once again. The American Iron and Steel Institute estimates US steel imports rose 49% in 2021. “Given these substantial increases, we think it is essential that the administration ensures that the various new agreements it is consideri…
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