Where Trump Tariffs Go, Others Follow 

The apparent success of Donald Trump´s tariffs has not only been welcomed by his domestic steel and manufacturing base, but it has also encouraged other countries to implement their own tariffs as an industry protection mechanism. Indeed, tariffs and anti-dumping actions are popping up like mushrooms. In the first full quarter (Q3) since President Trump doubled tariffs on steel in June, US steel producers have reported record domestic shipments as imports have shrunk. “A significant rebound in domestic steel demand has started,” said Lourenco Gonclaves, CEO of Cleveland-Cliffs, in an earnings call on October 20. “Automotive is rebounding, our cost actions are working, and trade policy is delivering measurable results,” he added. Meanwhile, Nucor´s Q3 results included a 12.4% increase year-on-year in domestic steel mill shipments. “We are encouraged by the administration’s action to help level the playing field for the.