January 10, 2020
Source: Yahoo Finance
Much to the respite of American steel makers, total U.S. steel imports have dropped 15% in 2019 – according to the latest report from the American Iron and Steel Institute (“AISI”), an association of North American steel makers.
The decline largely reflects the impact of the 25% tariff on steel imports which the Trump administration had levied in 2018 under Section 232 of the Trade Expansion Act of 1962.
