{"id":67105,"date":"2018-03-06T16:40:05","date_gmt":"2018-03-06T16:40:05","guid":{"rendered":"http:\/\/www.bnreport.com\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\/"},"modified":"2018-03-06T16:40:05","modified_gmt":"2018-03-06T16:40:05","slug":"trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\/","title":{"rendered":"Trump steepens steel and aluminium tariffs causing Dow Jones to slide"},"content":{"rendered":"

President Trump announced this evening that he would steepen tariffs imposed on steel and aluminium imports.<\/p>\n

The move, which will hit countries such as Canada, Russia and China, is designed to prevent \u201cunfair trade\u201d according to Trump.<\/p>\n

"We need great steel makers, great aluminium makers for defence," he said.<\/p>\n

But the US, which is the world\u2019s largest importer of steel, saw its Dow Jones index slump in the wake of the news by more than two per cent.<\/p>\n

Read more: <\/strong>Trump is wrong: Protectionism leads to misery, not prosperity<\/a><\/p>\n

US steel producers, on the other hand, saw their share price jump. Nucor Corporation leapt more than four per cent in the immediate aftermath of the announcement, while United States Steel Corporation stock shot up by more than nine per cent.<\/p>\n

\u201cWe must not let our country, companies and workers be taken advantage of any longer. We want free, fair and smart trade,\u201d Trump tweeted.<\/p>\n

\n

Our Steel and Aluminum industries (and many others) have been decimated by decades of unfair trade and bad policy with countries from around the world. We must not let our country, companies and workers be taken advantage of any longer. We want free, fair and SMART TRADE!<\/p>\n

\u2014 Donald J. Trump (@realDonaldTrump) March 1, 2018<\/a><\/p>\n<\/blockquote>\n

The rise in tariffs was a recommendation from a report released last month by US secretary of commerce Wilbur Ross. Trump ordered the investigation, into whether steel imports were threatening national security, last year.<\/p>\n

In his presidential campaign, Trump stated that foreign countries were \u201cdumping\u201d vast amounts of steel on the US \u2013 which imports the metal from more than 110 countries.<\/p>\n

Read more: <\/strong>Donald Trump has launched an investigation into steel imports, potentially leading to broad tariffs<\/a><\/p>\n

<\/a><\/strong> <\/a><\/p>\n

Original Article<\/a><\/p>\n

[contf]
\n[contfnew]
\n <\/p>\n

CityAM<\/a><\/h5>\n

[contfnewc]
\n[contfnewc]<\/p>\n","protected":false},"excerpt":{"rendered":"

President Trump announced this evening that he would steepen..<\/p>\n","protected":false},"author":1,"featured_media":67106,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-67105","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nTrump steepens steel and aluminium tariffs causing Dow Jones to slide - Business News Report<\/title>\n<meta name=\"description\" content=\"President Trump announced this evening that he would steepen..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump steepens steel and aluminium tariffs causing Dow Jones to slide - Business News Report\" \/>\n<meta property=\"og:description\" content=\"President Trump announced this evening that he would steepen..\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bnreport.com\/en\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\/\" \/>\n<meta property=\"og:site_name\" content=\"Business News Report\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-06T16:40:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/03\/inside-the-steel-making-process-515688098-5a9874fe481e4-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"839\" \/>\n\t<meta property=\"og:image:height\" content=\"523\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"infopal11\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BNReport\" \/>\n<meta name=\"twitter:site\" content=\"@BNReport\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"infopal11\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\\\/\"},\"author\":{\"name\":\"infopal11\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\"},\"headline\":\"Trump steepens steel and aluminium tariffs causing Dow Jones to slide\",\"datePublished\":\"2018-03-06T16:40:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\\\/\"},\"wordCount\":303,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/03\\\/inside-the-steel-making-process-515688098-5a9874fe481e4-2.jpg\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\\\/\",\"name\":\"Trump steepens steel and aluminium tariffs causing Dow Jones to slide - Business News Report\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/03\\\/inside-the-steel-making-process-515688098-5a9874fe481e4-2.jpg\",\"datePublished\":\"2018-03-06T16:40:05+00:00\",\"description\":\"President Trump announced this evening that he would steepen..\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/03\\\/inside-the-steel-making-process-515688098-5a9874fe481e4-2.jpg\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/03\\\/inside-the-steel-making-process-515688098-5a9874fe481e4-2.jpg\",\"width\":839,\"height\":523},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629\",\"item\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Trump steepens steel and aluminium tariffs causing Dow Jones to slide\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"name\":\"Business News Report\",\"description\":\"Latest News on the World of Politics & Business\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\",\"name\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"width\":200,\"height\":50,\"caption\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Business-NewsReport-328225811095934\\\/\",\"https:\\\/\\\/x.com\\\/BNReport\",\"https:\\\/\\\/www.instagram.com\\\/business.newsreport\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\",\"name\":\"infopal11\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/author\\\/infopal11\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Trump steepens steel and aluminium tariffs causing Dow Jones to slide - Business News Report","description":"President Trump announced this evening that he would steepen..","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bnreport.com\/en\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\/","og_locale":"en_US","og_type":"article","og_title":"Trump steepens steel and aluminium tariffs causing Dow Jones to slide - Business News Report","og_description":"President Trump announced this evening that he would steepen..","og_url":"https:\/\/www.bnreport.com\/en\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\/","og_site_name":"Business News Report","article_publisher":"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","article_published_time":"2018-03-06T16:40:05+00:00","og_image":[{"width":839,"height":523,"url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/03\/inside-the-steel-making-process-515688098-5a9874fe481e4-2.jpg","type":"image\/jpeg"}],"author":"infopal11","twitter_card":"summary_large_image","twitter_creator":"@BNReport","twitter_site":"@BNReport","twitter_misc":{"Written by":"infopal11","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.bnreport.com\/en\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\/#article","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\/"},"author":{"name":"infopal11","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f"},"headline":"Trump steepens steel and aluminium tariffs causing Dow Jones to slide","datePublished":"2018-03-06T16:40:05+00:00","mainEntityOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\/"},"wordCount":303,"commentCount":0,"publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/03\/inside-the-steel-making-process-515688098-5a9874fe481e4-2.jpg","articleSection":["Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.bnreport.com\/en\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.bnreport.com\/en\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\/","url":"https:\/\/www.bnreport.com\/en\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\/","name":"Trump steepens steel and aluminium tariffs causing Dow Jones to slide - Business News Report","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\/#primaryimage"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/03\/inside-the-steel-making-process-515688098-5a9874fe481e4-2.jpg","datePublished":"2018-03-06T16:40:05+00:00","description":"President Trump announced this evening that he would steepen..","breadcrumb":{"@id":"https:\/\/www.bnreport.com\/en\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bnreport.com\/en\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\/#primaryimage","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/03\/inside-the-steel-making-process-515688098-5a9874fe481e4-2.jpg","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/03\/inside-the-steel-making-process-515688098-5a9874fe481e4-2.jpg","width":839,"height":523},{"@type":"BreadcrumbList","@id":"https:\/\/www.bnreport.com\/en\/trump-steepens-steel-and-aluminium-tariffs-causing-dow-jones-to-slide\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629","item":"https:\/\/www.bnreport.com\/en\/"},{"@type":"ListItem","position":2,"name":"Trump steepens steel and aluminium tariffs causing Dow Jones to slide"}]},{"@type":"WebSite","@id":"https:\/\/www.bnreport.com\/en\/#website","url":"https:\/\/www.bnreport.com\/en\/","name":"Business News Report","description":"Latest News on the World of Politics & Business","publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bnreport.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.bnreport.com\/en\/#organization","name":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a","url":"https:\/\/www.bnreport.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","width":200,"height":50,"caption":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","https:\/\/x.com\/BNReport","https:\/\/www.instagram.com\/business.newsreport"]},{"@type":"Person","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f","name":"infopal11","url":"https:\/\/www.bnreport.com\/en\/author\/infopal11\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/67105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/comments?post=67105"}],"version-history":[{"count":0,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/67105\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media\/67106"}],"wp:attachment":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media?parent=67105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/categories?post=67105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/tags?post=67105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}