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The North American steel market has been reset by the blanket reintroduction of Section 232 import tariffs, the latest MEPS podcast has heard.
Reflecting on the results of research conducted among market participants in the region, before and after the March 12 implementation of the 25% import tariff, the latest Speaking of Steel podcast suggests change has come quickly.
"We’re now seeing the reality of the situation emerge," said MEPS steel market analyst Chris Jackson.
The effect of 25% automotive import tariffs and the country-specific reciprocal tariffs announced by President Trump on April 2 were also discussed in the new Speaking of Steel podcast. Among the other topics of the North America-focussed podcast were:
The North American steel market has been reset by the blanket reintroduction of Section 232 import tariffs, the latest MEPS podcast has heard.
Reflecting on the results of research conducted among market participants in the region, before and after the March 12 implementation of the 25% import tariff, the latest Speaking of Steel podcast suggests change has come quickly.
"We’re now seeing the reality of the situation emerge," said MEPS steel market analyst Chris Jackson.
The effect of 25% automotive import tariffs and the country-specific reciprocal tariffs announced by President Trump on April 2 were also discussed in the new Speaking of Steel podcast. Among the other topics of the North America-focussed podcast were: