Economy
April 14, 2016
Written by Sandy Williams
Democratic presidential candidate Hillary Clinton said she will crack down on Chinese steel dumping if elected president.
Clinton vowed to triple the number of trade enforcement officials, pursue countervailing duties on subsidized imports, confront currency manipulation and appoint a new trade prosecutor that reports directly to the president.
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To kick off the official sessions of the 2023 Steel Summit, Dr. Anirban Basu, chairman and CEO of the Sage Policy Group, focused on the broader context in which steel prices are set, outlining major factors currently shaping economic outcomes in our country.
Mexico has decided to implement import tariffs on a number of products, among them, steel.
As mortgage rates continue to rise and housing demand slows, builder confidence is waning. A drop in July housing starts was the first in seven months.
Economic activity in the US manufacturing sector contracted for the ninth month in a row in July, according to the latest report on business from the Institute for Supply Management (ISM).