The employee stands in the son -in -law. In November, Thyssenkrup Steel announced that the number of jobs in the steel sector will be reduced by 11,000 to 16,000 within six years.
Photo alliance Photo alliance Gety pictures
US President Donald Trump on Sunday He told reporters He planned to announce a new tariff of 25 % on Monday, targeting steel and aluminum imports.
The proposed fees will be in addition to the existing duties. A timetable for implementation has not been determined at this time.
Minerals are two animal components in various industries, including transportation, construction, packaging and packaging.
Below is a look at the largest winners and potential losers if Trump provides his steel and aluminum definitions by 25 %.
US
US steel imports have decreased dramatically over the past decade, Official data appears35 % decreased between 2014 and 2024 – despite an increase of 2.5 % annually to 26.2 million metric tons last year. Meanwhile, the United States exports to the rest of the world a contract by 2.4 % between 2023 and 2024.
However, American aluminum imports have increased by 14 % over the past decade, as American exports have gradually increased since 2020.
On Monday, James Campbell, a CRU CNBC analyst, told that possible definitions will have varying effects on the United States over time.
“Initially, this may destroy the request,” he said. “In the long run, we can see the investment coming.”
This developing story is updated.
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