c/nyt_gift_articles · by silence7@slrpnk.net · 1y

Trump Pledges to Double Tariffs on Foreign Steel to 50%

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.

29 points · 1 comments · view on lemmy.world

1 Comments

endeavor@sopuli.xyz · 5 pts · 1y

[ removed ]

DMCMBFNFF@sopuli.xyz · 1 pts · 1y

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.