SMU Data and Models
July 22, 2018
SMU Market Trends: Trump Policies Popular
Written by Tim Triplett
Have China and other nations taken advantage of the United States on the trade front? Nearly three of four respondents to last week’s Steel Market Update market trends questionnaire believe that is true and they support President Trump renegotiating the “bad trade deals” of the past. However, at the same time, only 20 percent of those responding to the flat rolled and plate steel market questionnaire felt the new trade deals would be beneficial to their company’s business. Like many things in the current steel market, confusion reigns supreme with the majority of respondents telling SMU they “did not know” if changes would help or hurt them.
