AdvertisementStory continues below advertisementEconomic and political imperatives are cementing the metals tariffs. The administration tariff deliberations come as the steel industry is consolidating around a handful of big players and enjoying record high prices. Reflecting the sunny outlook, a New York Stock Exchange steel industry index has gained 205 percent since the March 2020 market low compared with 80 percent for the Dow. has suggested using section 232 tariffs to discourage imports that bear a high carbon footprint. AdvertisementStory continues below advertisement“The 232 tariffs and quotas have worked very well,” said Sweeney.

Source: Washington Post April 17, 2021 12:33 UTC