tariffs

Alabama and the world marketplace is waiting to see happens next with Donald Trump and tariffs. It’s been a week since his deadline to impose a fifty percent hike on imported steel and aluminum. Alabama appears to be among those caught in the middle.

Today’s the day Donald Trump says he will hike tariffs on foreign steel and aluminum by up to fifty percent. Alabama reportedly imported eight millon tons of steel last year.

Alabama reportedly imported over eight million “short tons” of steel in 2024. The raw material was used, among other things, for the six hundred thousand automobiles produced by Alabama’s Mercedes-Benz and Hyundai factories. Now, Donald Trump told Pennsylvania steelworkers he's doubling the tariff on steel imports to 50%

Alabama is watching and waiting to see what happens next following federal court rulings on Donald Trump’s tariffs. The Court of International Trade blocked the taxes on foreign products. An appellate court overturned a similar action in other federal court.

From Tokyo to Taipei to Manila, people across Asia marked May Day with marches and protests that spotlighted growing unease over U.S. President Donald Trump's policies and fears of global economic instability.

Donald Trump says he’s coming to Tuscaloosa, again. The President announced on his social media site that he’ll be delivering the commencement address at the University of Alabama in early May, as well as at West Point.

Huntsville defense contractor Teledyne Brown is on a list of twelve U.S. companies under an export ban from China. The communist nation is cutting off customers who are considered “dual use.” In other words, China components that could be used for either civilian or military purposes.

China has announced countermeasures by raising tariffs on U.S. goods from 84% to 125% starting Saturday. This may further worsen the situation for Alabama exports to the communist nation. The U.S China Business Council says Alabama sent $4 billion in consumer products to Beijing in 2024. That doesn’t count $4 million in exported Alabama services that may soon face tariffs as well.

Alabama exports to China may almost double in price soon. The communist nation is vowing to impose an eighty four percent tax on U.S. imports in retaliation to Donald Trump’s fifty percent tariff. The U.S. China Business Council says Alabama exported four billion dollars in products to China last year.

Alabama exports to China could become more expensive by Thursday. The communist nation says it will impose a thirty four percent tax on all U.S. imports this week. That could hit Alabama hard. The U.S. China Business Council says the state sent over four billion dollars worth of exports to China in 2024. A billion of that was in the form of automobiles and car parts.