Is Huyett the first US fastener business to secure exemption from Section 232 tariffs?
Minneapolis fastener and hardware firm GL Huyett has received 48 Section 232 Tariff Exclusions for stainless steel bar product and has speculated it may be the first US fastener company to do so. In March, the President of the United States issued Proclamations 9704 and 9705 on Adjusting Imports of Steel and Aluminum into the United […]
USA hits steel imports with 25% tariff: Trump has ‘lit a match under the global trading system’
IN DEPTH: In a bid to correct “unfair trade” US President Trump has signed an order to impose heavy tariffs on steel and aluminium. While Mexico and Canada are currently excluded, the Section 232 steel tariff will hit steel imports from all other countries – including products from the EU – with a 25% tariff. This […]
President Trump pays a visit to an American tool manufacturer
Tool manufacturer Snap-on hosted President Donald Trump yesterday (Tuesday 18 2017) at its Kenosha, Wisconsin headquarters. President Trump used his visit as a platform to promote his ‘buy American and hire American’ policy, promoting American industry and insisting that “the American people will come first once again.” Snap-On said of the visit: “We view his […]