Insight
Trade Tariffs and Turmoil
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The latest US tariffs on steel imports from Mexico, Canada, and China are set to disrupt global trade flows, heighten costs, and reshape supply chains. With retaliation already in motion and new trade dynamics emerging, key questions arise—who stands to gain, who loses, and how will the market react? This insight unpacks the ripple effects of these policies, exploring their potential impact on domestic production, alternative suppliers, and the broader economic landscape.
Table of contents
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Since we published another set of tariffs have been imposed:
- Introduction
- North American steel trade
- The Trump administration's trade policies and Section 232 tariffs
- New tariffs and their implications
- Market Reactions and Outlook
Tables and charts
This report includes the following images and tables:
- Total US imports and shares
- US finished steel imports (Mt)
- US finished steel exports (Mt)
- Hot Rolled Coil (HRC) - US$/t
- US spare steelmaking capacity & net imports (Mt)
What's included
This report contains:
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