Are Trump's Tariffs Really Tanking the Steel Industry?
Local commercial Drywall contractors - Home Technician Forums - Get free quotes - frp panel installation, wall cracks, soundproofing, drywall crack repair, patching plaster . But are the tariffs truly to blame for the rising price of steel? Like many market forces, it's not a simple matter of a single aspect determining price in this case. Using anecdotes from the market, the Book mentions that late March and early April saw drastic rises in steel prices from a number of sources. Here's a quick look at several other factors that do a better job of explaining the price hikes: a strong rise in construction. Recent commentary in the Federal Reserve's Beige Book criticizes new tariffs on imports of steel and aluminum, blaming the tariffs for the recent changes in steel prices
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