Surging Imports and Policy Failures Force U.S. Steel Plant to Halt Production of Key Product

Surging Imports and Policy Failures Force U.S. Steel Plant to Halt Production of Key Product

Nucor Corporation has announced it will halt production at its wire rod rolling mill in Connecticut, citing challenging market conditions created by a flood of low-priced imports from Canada, Greece, Mexico, Poland, and Ukraine.

CPA Chairman: Trump Must Tackle Mexico’s Steel Surge

CPA Chairman: Trump Must Tackle Mexico’s Steel Surge

Mexico has been flooding the United States with underpriced steel — in clear violation of a 2019 agreement with Washington. The Biden administration did not address the problem; now, the coming Trump administration must act.

CPA: Liberty Steel Closures Highlight Urgent Need to Address Mexico’s Violations and Steel Import Surge

CPA: Liberty Steel Closures Highlight Urgent Need to Address Mexico’s Violations and Steel Import Surge

Earlier this month, Liberty Steel announced its decision to idle its wire plant in Peoria, Illinois after idling the steel mill rod mill operations there in October. Liberty Steel also suspended rod mill operations at its Georgetown, South Carolina facility earlier this year.

Trump Puts Mexico and Canada Free Trade Benefits on Notice

Trump Puts Mexico and Canada Free Trade Benefits on Notice

President-elect Donald Trump read Mexico and Canada the riot act on Monday night, telling them if they don’t seal their border and – in Mexico’s case – drastically slow the flow of fentanyl and other narcotics into the U.S., they’ll be hit with 25% tariffs starting January 20, 2025.

Trump Tells Detroit Economic Club “Mexico is Becoming a Second China”

Trump Tells Detroit Economic Club “Mexico is Becoming a Second China”

Trump spoke for nearly two hours in his usual off the cuff speaking engagement at the Detroit Economic Club in Michigan recently. The automotive industry was a priority topic, with the presidential candidate saying Washington has to incentivize American auto makers.

Why This American Steel Products Giant is Suing the Mexican Government

Why This American Steel Products Giant is Suing the Mexican Government

Two years of plant closures have led steel pipe maker Zekelman Industries to take matters into its own hands. The company announced on Oct. 21 that it filed a lawsuit against the Mexican government for breaching a 2019 joint steel trade agreement with the United States.

What to Expect From U.S.-Mexico Relations Under New President Sheinbaum

What to Expect From U.S.-Mexico Relations Under New President Sheinbaum

Claudia Sheinbaum, who won Mexico’s June presidential election with 59% of the vote, will take office in October 2024. She succeeds President Andrés Manuel López Obrador (AMLO) and shares his political affiliation as a member of the National Regeneration Movement (MORENA).

Will Harris Support ‘Made in America’?

Will Harris Support ‘Made in America’?

To craft a pro-America trade and economic agenda, Harris should pledge to increase overall tariffs, use tax credits more broadly to grow critical production, and ignore Wall Street’s call to return to the failed trade policies of the past.

Can Washington Cope With China Multinationals Moving Into Mexico, And Benefiting From Free Trade?

Can Washington Cope With China Multinationals Moving Into Mexico, And Benefiting From Free Trade?

Hofusan is one of the most well known investments of Chinese capital looking not only to sell to Mexican consumers, but – more obviously – to export everything from furniture to washing machines duty free to the United States.