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| US China Metal Trade |
U.S.-China Tariff Reductions Impact Metal Trade
President Trump announced a reduction of tariffs on Chinese imports from 57% to 47%, lowering key commodity costs.
Meanwhile, specific goods may still face tariffs up to 100%, but overall trade costs are expected to decrease.
As a result, U.S.-China metal trade, including rare earths and steel, could stabilize in the coming year.
China Adjusts Countermeasures and Export Controls
China will suspend its rare earth export restrictions and special port fees targeting U.S. ships for one year.
In contrast, the adjustments aim to maintain strategic supply chains while easing tensions in the metals market.
Therefore, global recyclers and steelmakers should monitor these changes for procurement and pricing strategies.
Implications for Global Steel and Aluminum Markets
Canada proposes lifting tariffs on certain U.S. and Chinese steel and aluminum imports to support local businesses.
Meanwhile, easing trade tensions may reduce volatility in scrap metal and primary metal prices worldwide.
Traders and producers must track policy developments to manage risk and optimize supply chain efficiency.
ScrapInsight Commentary
Tariff reductions signal temporary relief for global metal markets, particularly steel and rare earths.
However, selective high tariffs and geopolitical uncertainty may still create price volatility.
Scrap and primary metal traders should monitor these policy shifts for procurement and risk planning.
