Tariffs on steel and aluminium are creating some winners

Flame wars DONALD TRUMP credits the tariffs he has imposed on steel and aluminium imports, and on a range of Chinese products, with almost magical potency. Either they will force other countries to drop trade barriers and crown him as dealmaker-in-chief, or they will pay down government debt while saving favoured industries. “Plants are opening […]

Love Island 2018: Jack Fowler SLAMS Georgia Steel over THAT kiss ‘truth always prevails’

One of the moments that will go down in Love Island 2018 history will be Jack’s kiss with “loyal” Georgia. While the pair clashed over who initiated the kiss, it was later revealed the scene was filmed twice before the kiss backlash swept the villa. Upon leaving tonight, Jack said: “As soon as I got […]

Two steel giants are merging — despite Trump’s move to turn the industry on its head

Thomson Reuters Tata Steel and Germany’s Thyssenkrupp, two huge steel businesses, have agreed to merge. The German-based company’s executive board approved the plans on Friday after signing a memorandum of understanding last September. The deal comes at a time when President Donald Trump’s tariff agenda has turned the global steel industry upside down.   Tata […]

Justice League SHOCK: Henry Cavill teases Superman RETURN – Is it Man of Steel 2? WATCH

After Justice League flopped, Cavill’s future as Superman hasn’t been exactly clear. But now the star has shared a new workout video on his Instagram where he’s teased he’s getting back into shape to play a certain Man of Steel. He wrote: “Working on the Super Buns! Whiiiiiiich if you vote for me in the […]

Here’s where Trump’s steel tariffs are going to hit the hardest

Kevin Frayer/Getty Images These charts show exactly which countries make a lot of steel, and which do not.  China produced 10 times more steel than the US in 2017. Steel tariffs are now in place, and the world is grumbling and threatening retaliation against the US. Its closest partners, such as Canada, are trying to […]

‘Trump shot US economy in foot with steel & aluminum tariffs’ – Wall Street analyst

America is telling Europe and Asia: “You have to go your own way, you can’t depend upon us” because the US is going to do everything to hurt you in order to help itself, according to economic commentator Michael Hudson. After months of postponing its implementation while simultaneously threatening a trade war, President Donald Trump […]

European trade officials are set to meet their US counterparts days before an exemption from Trump’s steel and aluminum tariffs expires

Nick Ut/AP Images Europe’s top trade official Cecilia Malmstrom will meet U.S. counterparts Wilbur Ross and Robert Lighthizer in Paris on Wednesday, two days before a temporary exemption from U.S. steel and aluminum tariffs is due to expire. Malmstrom will also take part in a meeting with U.S. and Japanese counterparts on Thursday to continue trilateral […]

China is opening the world’s longest sea bridge — and it contains enough steel to build 60 Eiffel Towers

AP China is the midst of several megaprojects that will transform its cities. Over the next decade, China plans to encourage 250 million people (29 times New York City’s population) to move into the country’s growing megacities. To cope with that huge migration, the country has invested tens of billions of dollars in giant infrastructure projects. […]

Why tariffs on steel and aluminium are easier said than done

HISTORY will rhyme on March 23rd, when Donald Trump’s tariffs on steel and aluminium imports are due to come into force. Several previous presidents, from Ronald Reagan to Barack Obama, also used tariffs in an attempt to protect America’s steel producers from foreign competition. (There are historical echoes, too, in Mr Trump’s plans to slap […]

Chicago wants to turn an old steel plant property into Amazon’s $5 billion HQ2 campus — take a look at the designs

Sterling Bay In January, Amazon revealed the top 20 contenders for its second headquarters, dubbed HQ2. One of those locations is Chicago. The city has proposed 10 different sites in a mix of urban and suburban spots, including an industrial area on the North Side. Part of the redevelopment, called Lincoln Yards, would include an old […]