NC could pay high price for metals tariffs
Story Date: 3/5/2018

 

Source: WRAL, 3/2/18

President Donald Trump's proposed tariffs on imports of steel and aluminum could take a toll on North Carolina’s economy, both in higher costs for consumer goods and in potential losses in state exports to affected countries.  Trump announced Thursday he would call for a 25 percent tariff on imported steel and 10 percent on imported aluminum. That move was championed by the U.S. steel industry, which accuses China and other countries of dumping cheap steel into U.S. markets for years in violation of world trade regulations. 

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