Final Thoughts
Final Thoughts
Written by John Packard
May 21, 2014
A reminder that Steel Market Update will not publish this Sunday evening due to the Memorial Day Weekend Holiday here in the United States. We will publish our next steel newsletter on Tuesday. We wish everyone in the United States a safe, healthy and happy holiday weekend.
Our September 3 & 4th Forecasting & Steel Summit Conference program is coming together as we strive to provide the most relevant content possible for those manufacturing companies and service centers who will be working on their 2015 and beyond business forecasts. I saw Dr. Chris Kuehl of Armada Corporate Intelligence speak at a conference earlier this year and was impressed with his grasp of the world, domestic and steel markets. I found him to be an engaging speaker and he should be an excellent addition to our program.
We will have hotel information for the conference available for you by next Tuesday evening’s issue of SMU.
More speaker announcements to come as well.
Until then, enjoy your holiday weekend and, as always, your business is truly appreciated by all of us here at Steel Market Update.
John Packard, Publisher
John Packard
Read more from John PackardLatest in Final Thoughts
Final Thoughts
We joked in our last Final Thoughts that Wiley trade attorney Tim Brightbill – one of the nation’s leading experts on trade law and policy – would probably be revising his presentation on Trump, trade policy, and tariffs for the Tampa Steel Conference. He did. And even after those last-minute revisions, he actually got trumped […]
Final Thoughts
The whole SMU team is packing up our laptops and our SMU polos/cardigans, loading up the PowerPoint slides, and preparing to make the trek down to Florida for the Tampa Steel Conference. There will be plenty to talk about!
Final Thoughts
From one group of folks, I’ve heard that Trump might not wait until Feb. 1 – the date he threatened on to place tariffs on China, Canada, and Mexico. They say he could act as soon as Friday. And then there are those who don’t think anything will happen before April 1. That’s the deadline for Commerce, Treasury, and USTR to submit key reports on “America First Trade Policy” to President Trump.
Final Thoughts
Trump made a clarification in a speech on Monday. Previously, he had declared the word “tariff” the most beautiful word in the dictionary. No longer.
Final Thoughts
President Donald Trump on Sunday hammered Colombia with 25% tariffs and threatened to increase them to 50%. Trump in a post on Truth Social said he took the action not because of a trade dispute but because the South American nation had refused to accept planes carrying deported immigrants. The president also cited "national security" concerns, just as he did to justify 25% Section 232 tariffs on steel in his first term. Even the 50% threat echoes his first term. Turkish steel, like that of most nations, was assessed a 25% tariff in March 2018. Trump doubled Turkey's tariff to 50% via a tweet in August of that year over a matter unrelated to steel.