Final Thoughts
February 27, 2019
Final Thoughts
Written by Tim Triplett
(Editor’s note: John Packard is traveling.)
Just as it appears steel prices have finally turned the corner the pressure is on to get final approval of the U.S.-Mexico-Canada Agreement. Trade officials in Canada and Mexico have stated in various press reports that they will not pass the new North American free trade agreement with the Trump administration’s Section 232 tariffs still in place. Which raises the question: What happens to steel prices in the U.S. if both the northern and southern borders suddenly open to tariff-free steel imports from Canada and Mexico?
