Trump tariffs threaten Latin American steel industry

by Mauricio RABUFFETTI

Chile's largest steel plant shut down last year, yielding to cheaper production in China.

Now, six months later, the tariffs that President Donald Trump has imposed on US imports of the metal threaten the livelihood of 1.4 million workers in Latin America.

As he did during his first term in office from 2017 to 2021, Trump is trying to protect American producers by making steel imports costlier with a 25 percent tariff that kicked in on March 12.

ALSO READ...