President Donald Trump’s tariffs on the imports of steel and aluminium by the United States are sending shockwaves through global markets and escalating tensions with key trading partners, including Canada, Mexico and the European Union.Some countries are fighting back with retaliatory tariffs, others are seeking exemptions, and a few are trying to negotiate their way out of the 25 percent tariffs.list of 3 itemslist 1 of 3Russia claims more gains in Kursk as Ukraine hints at pullbacklist 2 of 3Key takeaways from Irish leader Micheal Martin’s visit with Donald Trumplist 3 of 3Kuwait frees group of jailed Americans, representative saysend of listSo, who is escalating the trade war, who is trying to avoid it, and what does this mean for the industries that rely on these metals?Who supplies steel and aluminium to the US?Canada, Brazil, and Mexico are the top three suppliers of steel to the US, collectively accounting for about 49 percent of its imports between March 2024 and January 2025, according to the International Trade Administration. The remaining leading suppliers are South Korea, Vietnam, Japan, Germany, Taiwan, the Netherlands, and China, which together make up 30 percent of US steel imports.Here is a breakdown:Canada – 16 percent
Brazil – 14 percent
Mexico – 9 percent
South Korea – 8 percent
China – 2 percent
AdvertisementFor aluminium, the biggest suppliers are Canada, the United Arab Emirates, Russia and Mexico. Canada is the dominant supplier, responsible for nearly 40 percent of US aluminium imports, followed by the UAE, Russia and Mexico.The tariff war will have a widespread effect on manufacturers and consumers in the US as steel and aluminium are crucial in the making of home appliances, cars, planes, phones and buildings, among others.Steel is a backbone material for construction, manufacturing, transport, and energy, with the construction sector using one-third of all steel imports. It will push up costs for infrastructure projects, including airports, schools and roads.Aluminium, being lightweight and corrosion-resistant, is essential for the automotive and aerospace industries, as well as food and beverage packaging.The US is particularly dependent on aluminium imports, with roughly half of the metal used in the country coming from foreign sources.The US import of steel and aluminium last year was $31bn and $27bn, respectively, according to the US Department of Commerce data.Vina Nadjibulla, vice president of research and strategy at the Asia Pacific Foundation of Canada, said the tariffs are especially damaging because there is “little economic or genuine national security rationale for them”.“The US can’t realistically onshore enough of these commodities, so the duties mainly create economic pain for American consumers and key trading partners,” Nadjibulla told Al Jazeera.AdvertisementThey instead introduce a level of “unpredictability and volatility we haven’t seen in decades”.By undermining est
Tarifele lui Trump pentru oțel și aluminiu: Cum răspund țările vizate?
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