US - Latest news GMK Center

A 90-day pause on US “reciprocal” tariffs begins on April 9

Total steel imports increased by 11.4% m/m over the month

The company increased steel supplies to a record 3.5 million tons in the period under review

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

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

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

Possible partnership is a response to US steel tariffs

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

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

The company increased its offer by $75/t

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

Brussels also noted its commitment to a negotiated solution