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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.
The US pallet market saw an early month jolt in low-grade prices on the heels of the March tariff implementation drama followed by renewed stability. Uncertainty is rising across global trade as the White House prepares to unveil a narrower—but still significant—set of reciprocal tariffs, expected to take effect on April 2. Administration officials have […]
US President Donald Trump’s address to Congress on Tuesday March 4 contained key strategic policy objectives that will have a direct impact on global metals markets. Fastmarkets takes a high-level view of the key strategies below: “They tariff us…we will tariff them.” The Trump administration will introduce reciprocal tariffs on all countries that levy duties […]
Securing essential resources: Tackling supply chain challenges with strategic solutions and global alliances
More than one week after US President Donald Trump announced 25% tariffs on all steel and aluminium imports, the aluminium markets in Mexico, Argentina and Brazil are still worried about the consequences and ongoing uncertainty around the potential implications for global trade flows, sources told Fastmarkets.
US President Donald Trump has reinstated the full 25% steel tariffs under Section 232. This decisive move aims to curb surging imports and bolster US manufacturing. With exemptions removed and impacts stretching from producers to downstream manufacturers, the global steel industry braces for widespread effects.
US President Donald Trump’s decision to impose 25% tariffs on imports of steel products into the US has generated a strong reaction in the EU, with market sources expecting a domino effect and a subsequent trade war, Fastmarkets heard on Tuesday February 11.
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