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U.S. Tariffs Make More Waves on Steel, Auto Fronts

U.S. Tariffs Make More Waves on Steel, Auto Fronts

SUGAR LAND--June 28, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--Higher import tariffs, potential or already realized, continue to make waves in the U.S. On Wednesday, a U.S. group that represents users of imported steel filed a lawsuit challenging the constitutionality of the steel tariffs. Meanwhile, a U.S. auto manufacturing group warned that a potential 25% tariff on imported vehicles and vehicle components would amount to a $45 billion tax on domestic consumers.

Within this article: Details of a lawsuit that challenges new steel import tariffs.

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