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Trump admin adds derivative products to steel, aluminum tariffs, Reuters says

markets.businessinsider.com -- Sunday, August 17, 2025, 8:52:26 PM Eastern Daylight Time
Categories: Uncategorized
Trump admin adds derivative products to steel, aluminum tariffs, Reuters says

The Trump administration added 407 derivative product codes to the list of goods subject to the 50% tariffs on steel and aluminum imports, Reuters reports. Publicly traded companies in the steel space include ArcelorMittal (MT), Cleveland-Cliffs (CLF), Nucor (NUE), Steel Dynamics (STLD) and U.S. Steel (X). Publicly traded companies in the aluminum space include Alcoa (AA) and Century Aluminum (CENX).

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Opinion:

The recent decision by the Trump administration to expand tariffs on steel and aluminum by adding 407 derivative product codes is a significant move that underscores the complexities and consequences of trade policy in the contemporary global economy. Tariffs, particularly when imposed on essential materials like steel and aluminum, play a pivotal role in shaping both domestic industry and international relations. By positioning these tariffs at 50%, the administration claims to be protecting American jobs and industries, but the ramifications of such policies often extend far beyond the intended short-term economic benefits.

Historically, tariffs have served as both economic tools and political weapons. The Smoot-Hawley Tariff of 1930 is a prime example; it raised duties on hundreds of imports, sparking retaliatory tariffs from other nations and exacerbating the economic decline during the Great Depression. While the current administration may portray the tariffs as a necessary measure to safeguard American manufacturing, they risk igniting similar retaliatory measures that could harm American consumers and businesses reliant on imported materials. This historical context serves as a reminder that while protectionism can seem appealing, it also carries the burden of potential isolationism and economic downturn.

Furthermore, it is crucial to analyze how these tariffs will affect various sectors of the economy, particularly those that rely heavily on steel and aluminum for their products, such as the automotive and construction industries. The imposition of tariffs raises the cost of raw materials, which can lead to increased prices for consumers and lower competitiveness in global markets. For example, the cost of vehicles could rise, disproportionately affecting low-income families and individuals, who may already struggle with affordability. In this light, it is essential to question whether these tariffs truly serve the interests of everyday Americans or merely benefit a select group of corporations within the steel and aluminum industries.

Additionally, the expansion of tariffs must be viewed through the lens of ongoing social struggles, particularly the fight for workers' rights and equitable labor practices. While the administration touts job protection, the reality is that many workers in the steel and aluminum sectors face precarious employment conditions, including stagnant wages and limited job security. The focus should not just be on preserving existing jobs but also on creating new opportunities that prioritize fair labor standards and sustainable practices. As the dialogue around trade policy evolves, it is essential to advocate for a comprehensive approach that considers not only economic protectionism but also the rights and well-being of workers across all industries.

Finally, in the context of the broader political landscape, the expansion of these tariffs reflects the administration's ongoing struggle to maintain its base by appealing to nationalist sentiments. While the rhetoric of "America First" resonates with certain demographics, it is crucial to challenge the underlying assumptions that position global trade as a zero-sum game. True economic resilience will come not from isolationism but from fostering international cooperation, equitable trade agreements, and investments in green technologies that can create jobs and stimulate sustainable growth. As advocates for social justice and equitable economic practices, it is imperative to engage in these discussions, making clear that a holistic approach to trade policy can yield benefits for all, rather than a select few.

Action:

The recent decision by the Trump administration to impose additional tariffs on derivative products related to steel and aluminum imports marks a significant development in the ongoing trade war that has implications for both domestic and global economic landscapes. The addition of 407 derivative product codes to the existing 50% tariffs on these metals raises questions about how such policies affect various stakeholders, particularly in an economy that has increasingly relied on global supply chains. The move, ostensibly aimed at protecting American manufacturers, glosses over the potential repercussions for consumers, small businesses, and industries that rely on these materials for production.

Historically, tariffs have been a double-edged sword; while they can shield domestic industries from foreign competition, they often lead to higher prices for consumers and increased tensions in international trade relations. The steel and aluminum tariffs put forth by the Trump administration were originally introduced in 2018, under the pretext of national security, citing the need to bolster American manufacturing. However, the reality is that these tariffs are also a form of economic protectionism that can distort market dynamics. As history has shown, such protectionist measures can lead to retaliatory tariffs from other nations, which further complicates the global trade environment and can lead to job losses in sectors reliant on exports.

As concerned citizens, it is essential to acknowledge the broader implications of these tariff measures. For instance, industries like construction, automotive, and manufacturing that depend on steel and aluminum inputs may experience increased costs. These heightened expenses could ultimately be passed on to consumers, leading to inflationary pressures and decreased purchasing power. It is vital to engage in conversations around the economic impact these tariffs have not just on big corporations but also on small businesses and the everyday worker. By emphasizing the interconnectedness of various industries and the ripple effects of tariff policies, we can advocate for a more nuanced understanding of trade that prioritizes the welfare of all Americans.

To counter the rhetoric often used in favor of tariffs, we can pivot the conversation toward more sustainable economic policies. Instead of relying on tariffs as a means to protect jobs, we should advocate for investments in workforce development, innovation, and green technologies. These alternatives not only protect existing jobs but also create new ones in emerging industries that are critical for a sustainable future. Conversations can be framed around the need for comprehensive trade policies that prioritize fair labor practices, environmental protections, and the long-term health of the economy rather than short-term gains. By presenting these alternatives, we can challenge the notion that tariffs are the only solution to economic woes.

Finally, as engaged citizens, we can take actionable steps to influence policy. This includes advocating for representatives who support fair trade practices that consider the needs of workers and the environment, rather than succumbing to the whims of protectionist policies. Engaging with local labor unions, attending town halls, and participating in community discussions about trade can help amplify voices that prioritize equitable economic policies. By building coalitions with other stakeholders affected by these tariffs, such as small business owners and labor advocates, we can create a stronger front to push back against policies that ultimately harm the economic fabric of our communities. In doing so, we not only empower ourselves but also promote a collective vision for an economy that works for everyone.

To Do:

Analyzing the recent decision by the Trump administration to add 407 derivative product codes to the existing tariffs on steel and aluminum imports raises several key points of concern, particularly regarding economic implications, labor issues, and environmental impact. Here are some concrete actions we can take to respond effectively:

### What Can We Personally Do About This?

1. **Engage in Advocacy**: Raise awareness about the potential negative effects of these tariffs on consumers and industries reliant on steel and aluminum. This includes understanding the broader implications for trade and domestic manufacturing.

2. **Support Local Businesses**: Choose to support local manufacturers and businesses that may be adversely affected by these tariffs. Prioritize products made from domestically sourced materials when shopping.

3. **Educate Others**: Share information about the tariffs and their implications with friends, family, and community members. Use social media platforms to spread the word and foster discussions.

### Exact Actions We Can Take

1. **Sign Petitions**: Participate in online petitions that advocate for tariff reform or support industries negatively impacted by these tariffs. A good platform to find relevant petitions is Change.org or MoveOn.org. Search for petitions related to steel and aluminum tariffs.

2. **Contact Elected Officials**: Write to your congressional representatives to express your concerns about the tariffs and their impact on the economy, workers, and consumers. Here’s how to do it:

- **Find Your Representatives**: Use [GovTrack.us](https://www.govtrack.us/) to identify your U.S. Senators and House Representative. - **Sample Email Template**: ``` Subject: Concern Over Recent Tariffs on Steel and Aluminum

Dear [Representative's Name],

I am writing to express my concern regarding the recent decision to add 407 derivative product codes to the existing tariffs on steel and aluminum. While I understand the intentions behind these tariffs, I believe they will have a detrimental effect on consumers and local businesses.

I urge you to reconsider the long-term implications of these tariffs on our economy and the potential burden placed on American families. Please advocate for policies that support fair trade and protect jobs without imposing excessive costs on consumers.

Thank you for your attention to this matter.

Sincerely, [Your Name] [Your Address] [Your Email] ```

3. **Attend Town Hall Meetings**: Look for local town hall meetings where trade policies are discussed. Engage with your representatives directly to express your concerns and ask questions about their stance on tariffs.

4. **Collaborate with Local Labor Unions**: Reach out to local labor unions that may be impacted by changes in trade policy. Offer to support their initiatives or campaigns that advocate for workers’ rights in the face of tariff changes.

5. **Write to Media Outlets**: Consider writing opinion pieces or letters to the editor of your local newspapers to raise awareness about the implications of these tariffs. Highlight the potential costs to consumers and job losses in affected industries.

- **Local Newspaper Example**: Research your local paper’s submission guidelines online; often, they provide an email address for submissions.

6. **Stay Informed and Share Knowledge**: Subscribe to newsletters from organizations that focus on trade and labor issues, such as the Economic Policy Institute. Share this information in your community or through social media to keep others informed.

By taking these actions, we can collectively advocate for fair trade policies that consider the long-term impacts on our communities and economy. The focus should be on fostering a balanced approach that supports both domestic industries and consumers alike.


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