Trump’s Turkey Tool Could Be 4x As Effective If Deployed Against China and Russia — Panjiva
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Trump’s Turkey Tool Could Be 4x As Effective If Deployed Against China and Russia

China 3063 Materials - Metals/Mining 803 Metals - Aluminum 275 Metals - Steel 548 Russia 141 Tariffs 1878 Turkey 74 U.S. 5418

U.S. Commerce Secretary Ross has confirmed President Trump’s decision to double section 232 duties on Turkish metals exports was driven by national security concerns. With Turkey only having accounted for 2% of U.S. imports of s232 steel and aluminum further countries might be targeted to deliver the administration’s goal of cutting imports and improving U.S. production. While U.S. imports fell 22% in July vs. March that only left imports in the past three months 8% below the first quarter’s level. A more significant drop may require a widening of the higher duties t...

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