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A tariff is a tax that governments place on imported or exported goods. These taxes can impact the cost of products, trade relationships and how businesses operate. With Donald Trump as the 47th US president, shifts in tariff policies are changing global trade, manufacturing and supply chains.
Higher costs and supply chain challenges are indeed possible going forward. But businesses now have the chance to grow in different markets and improve their trade practices. Understanding tariffs and how they affect trade is essential for keeping ahead of the competition.
Fastmarkets provides you with actionable insights. Use our market intelligence on tariff updates to make smarter decisions in agriculture, forest products, metals, mining and battery raw materials.
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Discover how fast-changing Trump tariffs and climate policies are impacting US and global commodity markets.
United States President Donald Trump signed an executive order to implement tariffs on imports from Mexico, Canada, and China on Saturday February 1, sparking swift retaliation and sending world trade into uncharted territory.
US President-elect Donald Trump’s second term in office will hit the US steel market hard and fast, delegates heard at Fastmarkets’ second annual Circular Steel Summit on Wednesday January 15 in Houston, Texas.
A second Trump administration would reorient US critical minerals policy to prioritize security over climate concerns, former inaugural US Assistant Secretary of State for Energy Resources Frank Fannon said during a fireside chat at the Resourcing Tomorrow conference in London on Tuesday December 3.
Steel market participants had varying reactions to US President-elect Donald Trump’s assertion on Monday September 25 that he will impose a 25% tariff of all products being imported from Canada and Mexico into the US, as well as levy a 10% additional tariff on all Chinese imports.
Navigating the steel market’s new terrain: tariff impacts on global markets and US manufacturing
China’s electric vehicle (EV) and battery industry participants expect more uncertainty under a second Donald Trump presidency amid the president-elect’s intention to scale back the Inflation Reduction Act (IRA) and pursue expanded protectionist trade policies, sources told Fastmarkets on Thursday November 7
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