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customs tariffs - Latest news GMK Center

Photo – The EU will respond to Trump’s 25% auto tariffs
The EU will respond to Trump’s 25% auto tariffs

The U.S. President is once again violating existing trade agreements

Photo – Mexico will require the use of only domestic steel in government projects
Mexico will require the use of only domestic steel in government projects

This decision was a response to the U.S. imposition of 50% tariffs and will help reduce the country's economic dependence

Photo – Trade wars: how Trump’s factor affects the global economy
Trade wars: how Trump’s factor affects the global economy

The US president continues to use tariffs as an argument in economic and political disputes

Photo – Restrictions on scrap exports in Ukraine: history, current situation, and essence of the problem
Restrictions on scrap exports in Ukraine: history, current situation, and essence of the problem

The €180/tonne duty failed to completely curb raw material exports, so the government and industry associations proposed a new solution

Photo – Ukraine urgently needs protection from imports of long rolled products from Turkey and China
Ukraine urgently needs protection from imports of long rolled products from Turkey and China

The sharp increase in imports of these products threatens domestic producers with the loss of a significant part of the domestic market

Photo – Prices for Brazilian slabs fell by 5% in June
Prices for Brazilian slabs fell by 5% in June

Market conditions remain unfavorable amid geopolitical uncertainty

Photo – The Potential Impact of Trump’s 50% Steel Tariffs
The Potential Impact of Trump’s 50% Steel Tariffs

The move will intensify pressure on global steel trade, likely triggering a wave of new trade barriers worldwide

Photo – Tata Steel may be left out of the UK-US trade deal
Tata Steel may be left out of the UK-US trade deal

The government is working to get the company an exemption

Photo – Average Brazilian pig iron prices in May fell by $30/t at once
Average Brazilian pig iron prices in May fell by $30/t at once

Negative dynamics is related to US import tariffs and tax changes in Brazil

Photo – EU promises to respond strongly to possible US tariff hike
EU promises to respond strongly to possible US tariff hike

The European Commission says it sees no justification for the US policy of reciprocal tariff measures

Photo – The UK will try to avoid US tariffs on steel and aluminum
The UK will try to avoid US tariffs on steel and aluminum

London argues the importance of its products for the US defense and manufacturing industries

Photo – Canada expects $71 million in annual revenue from tariffs on Chinese steel and aluminum
Canada expects $71 million in annual revenue from tariffs on Chinese steel and aluminum

The new tariffs should compensate for the losses from cheap Chinese imports, promoting the development of local producers

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