US ports in line to suffer from tariffs
By Ai Heping in New York | China Daily | Updated: 2018-04-05 07:45
The seaport in Houston Texas, handles the most imported steel of any port in the United States - 3.7 million metric tons last year. And that has Executive Director Roger Guenther worried.
"As a result, we are concerned that the 25 percent tariff on steel cargo could decrease cargo volumes, creating a detrimental impact on local jobs and the economy, he said.
Guenther isn't alone with his concern about US President Donald Trump's tariffs o 25 percent on imported steel and 10 percent on aluminum that were imposed last month.
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