image: forbes

Could Steel Tariffs Slow The 100% Renewable Movement?

Last week, President Donald Trump announced tariffs on the two most important metals in modern society – aluminum and steel. He set a 25% tariff on imported steel and 10% on imported aluminum.

Immediately, gasps rang out across the markets – we import more steel and aluminum from Canada than from anyone else. The next three biggest suppliers are all our allies – Brazil, South Korea and Mexico.

China, the real target of Trump’s ire, only supplies 3% of our steel. So exceptions to these tariffs will outnumber the rule, and basically erase most of their effects.

Read More on Forbes