The Indiana Economic Development Corp. offered Alliance Steel more than US$2.7 million in conditional tax credits.
Volumes shipped by the Hamilton steelmaker surged more than 42% to 586 million tons.
An end to tariffs on steel and aluminum was not part of the USMCA.
Some companies have mitigated the impact of duties by ramping up imports or working through existing stock of raw materials.
Won’t accept any American proposal to agree to a quota system on metals as a way for the US to remove the duties.
Marcelo Ebrard offered few details Monday on the timing of the trade pact’s ratification.
Explosion was sparked by a fire in a gas pipeline in a coke oven battery complex during scheduled maintenance.
Automaker gets most of its metals from U.S. producers, which raised prices due to the tariffs this year.
Government is looking at feedback from recent consultations on how to protect the industry from the risk of cheap steel imports.
Company faces potentially costly tariffs on aluminum and steel.
Concerned about a slowdown in private investment over uncertainty about ongoing access to the US market.
Consultation period on safeguards will last for 15 days, decision will follow in a few weeks.
Dealer expects rising prices for US-made equipment will steer more buyers to used equipment.
They’re concerned about how tariff-related activity, including reciprocal tariffs, will continue to affect their business: ISM
Companies risk being forced out of business if not excused from the 25% tariff.