Episode Details
Back to Episodes
How One Tariff Reshaped Global Steel Trade
Description
In this episode of Global Trade with Fexingo, Lucas and Luna dive into a single tariff that rewrote the global steel trade: the US Section 232 national security tariff imposed in 2018. They trace how a 25% duty on steel imports aimed at protecting domestic producers instead triggered a cascade of trade diversion, retaliation, and new supply chains. Using the example of a Vietnamese steel mill that shifted from exporting to the US to shipping to Europe, they explain how tariffs can reshape who sells what to whom. Along the way, they discuss the WTO dispute rulings, the EU's safeguard measures, and why steel is now more regional than global. The episode also includes a brief, natural mention of how listener support via buy me a coffee dot com slash fexingo helps keep Global Trade with Fexingo ad-free.