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Photo – POSCO and Hyundai to jointly build a $5.8 billion steel plant in the US
POSCO and Hyundai to jointly build a $5.8 billion steel plant in the US

The future plant in Louisiana is the result of Donald Trump's controversial tariff policy

Photo – Trump’s steel tariffs to affect US energy sector
Trump’s steel tariffs to affect US energy sector

Duties will lead to increased costs and time in wind energy and electricity transmission

Photo – Nucor cuts prices for hot rolled coils for the first time since the beginning of the year
Nucor cuts prices for hot rolled coils for the first time since the beginning of the year

The company has reduced its offers by $5/t after abstaining from adjustments for two weeks

Photo – POSCO considers joining Hyundai Steel project in the US
POSCO considers joining Hyundai Steel project in the US

Possible partnership is a response to US steel tariffs

Photo – Tariff war: Donald Trump vs. the world
Tariff war: Donald Trump vs. the world

On April 9, the United States announced a three-month pause in mutual tariffs for trading partners other than China

Photo – China increases tariffs on US goods to 125%
China increases tariffs on US goods to 125%

China plans to ignore any further tariff increases by the United States

Photo – US tariff pause will help stabilize the global economy – European Commission
US tariff pause will help stabilize the global economy – European Commission

Earlier, Trump announced a 90-day pause in reciprocal tariffs – with the exception of China

Photo – EU approves countermeasures against US duties on steel and aluminum imports
EU approves countermeasures against US duties on steel and aluminum imports

Brussels also noted its commitment to a negotiated solution

Photo – China raises tariffs on US goods to 84%
China raises tariffs on US goods to 84%

The new rate will come into force on April 10

Photo – US senators introduce updated bill on cross-border carbon tax
US senators introduce updated bill on cross-border carbon tax

The document contains proposals for a carbon tax on imports from polluting countries, including China

Photo – US imposes 104% tariffs on imports from China
US imposes 104% tariffs on imports from China

Duties at this rate will be charged from April 9

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