Trump Pledges to Double Tariffs on Foreign Steel to 50%

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Submitted ⁨⁨3⁩ ⁨weeks⁩ ago⁩ by ⁨silence7@slrpnk.net⁩ to ⁨nyt_gift_articles@sopuli.xyz⁩

https://www.nytimes.com/2025/05/30/us/politics/trump-steel-tariffs-nippon.html?unlocked_article_code=1.LE8.wS0k.uobf3gVBYlhh

This kind of constant policy churn makes any kind of capital investment in the US impossible.

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endeavor@sopuli.xyz ⁨3⁩ ⁨weeks⁩ ago
Taco diaper donny.

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DMCMBFNFF@sopuli.xyz ⁨3⁩ ⁨weeks⁩ ago
wp:List of countries by steel production

Apparently Japan produces more steel than the US, and China produces 6x as much as both put together; and the US accounts for less than 5% of world production.

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