US Imposes Steel, Aluminum Tariffs on Railcars, Hundreds of Other Derivative Products

Date:

US Imposes Steel, Aluminum Tariffs on Railcars, Hundreds of Other Derivative Products

Aluminum fabricated parts at a factory that exports its products to the United States, in Ciudad Juarez, Mexico, on Feb.11, 2025. Jose Luis Gonzalez/Reuters

The U.S. government announced on Aug. 19 tariff hikes on more than 400 products, including railcars, compressors, and furniture, subjecting them to the 50 percent steel and aluminum import duties.

In a statement, the Commerce Department said it added 407 product categories to the list of derivative steel and aluminum goods covered under Section 232 sectoral tariffs, effective Aug. 18.

spot_imgspot_imgspot_img

Share post:

More like this
Related

California to Raise Minimum Wage to $17.40 in 2027

California Gov. Gavin Newsom speaks at a press conference...

Trump Says US to Pause Iran Strikes as Mideast Allies Reach Outline to End War

President Donald Trump said Aug. 1 that the United...

Sandwich Chain Jersey Mikes Goes Public, Falls 6 Percent in Debut

A Jersey Mike's banner adorns the New York Stock...

How Professionals Trade: Protecting Capital Before Chasing Returns

Commentary“It’s different this time.” Few phrases have cost investors...