Statement by Business Forward President Jim Doyle in Response to the State of the Union Address

Washington, DC—Business Forward President Jim Doyle released the following statement after President Trump’s State of the Union Address: “President Trump tonight claimed credit for America’s job growth, but his misguided steel tariffs raised prices for American manufacturers and the Americans who buy their products. While we absolutely need to end unfair trade practices, the current tariffs are hurting U.S. exports. When our trading partners retaliated with tariffs...

Business Forward: Tariffs are Destroying Demand for Products Manufactured in U.S.

Steel Index Shows U.S. Price Disadvantage Nearly Doubled with Tariffs Business Forward, Inc. published its latest American Steel Index report today. The monthly report compares the prices American manufacturers and their foreign competitors pay for hot- and cold-rolled steel. U.S. steel prices have risen 7.4 percent since February, while competitors’ prices have fallen 9.8 percent. Click HERE to read the report. The difference between U.S. and competitors’ prices is 1.8 times larger since...

Business Forward Report Explains the Damage from the Trump Trade War

Business Forward today released a new report, Unpacking the Economic Harm of Trump’s Tariffs: Higher Prices, Bad Faith, Litigation, Retaliation, Escalation, and Uncertainty, that explains how the nearly two year old Trump trade war is harming American manufacturers, farmers, ranchers, exporters, and consumers. The immediate costs are higher prices, layoffs, and lost growth. The long-term costs are likely bigger: global companies, worried about Trump’s trade war, are going to shift...

Business Forward’s Latest American Steel Index Report: Escalating Trade War Threatens 460,000 jobs

FOR IMMEDIATE RELEASE October 26, 2018 CONTACT: Elizabeth Kerr ekerr@businessfwd.org 202-861-1271 Business Forward’s Latest American Steel Index Report: Escalating Trade War Threatens 460,000 jobs Price difference between U.S. and foreign competitors is nearly double since February Washington, D.C. – Business Forward, Inc. published its latest American Steel Index report today. The monthly report compares the prices American manufacturers and their foreign competitors pay for hot- and...

Business Forward’s Latest American Steel Index Report: Price Difference Nearly Double Since February

Price difference between U.S. and foreign competitors is nearly double since February Business Forward, Inc. published its latest American Steel Index report today. The monthly report compares the prices American manufacturers and their foreign competitors pay for hot- and cold-rolled steel. U.S. steel prices have risen 11 percent since February, while competitors’ prices have fallen 4.8 percent. Key charts are below. Click HERE to read the report. The index helps demonstrates three important...

Business Forward’s Latest American Steel Index Report: Escalating Trade War Threatens 460,000 jobs

Business Forward’s Latest American Steel Index Report: Escalating Trade War Threatens 460,000 jobs This week, we published our latest American Steel Index report. The monthly report compares the prices American manufacturers and their foreign competitors pay for hot- and cold-rolled steel. U.S. steel prices have risen 14.8 percent since February, while competitors’ prices have fallen 3.2 percent. Key charts are below. Click HERE to read the report. The index helps demonstrates three...

Business Forward’s Latest American Steel Index Report: Escalating Trade War Threatens 460,000 jobs

Business Forward’s Latest American Steel Index Report: Escalating Trade War Threatens 460,000 jobs Price difference between U.S. and foreign competitors is nearly double since February Washington, D.C. – Business Forward, Inc. published its latest American Steel Index report today. The monthly report compares the prices American manufacturers and their foreign competitors pay for hot- and cold-rolled steel. U.S. steel prices have risen 14.8 percent since February, while competitors’...

Business Forward’s Latest American Steel Index Report: Harm to American Manufacturers Continues

American manufacturers are paying 24% more than their foreign competitors for hot- and cold-rolled steel Washington, D.C. – Business Forward, Inc. published its latest American Steel Index report today. The monthly report compares the prices American manufacturers and their foreign competitors pay for hot- and cold-rolled steel. Key charts are below. Click HERE to read the report. Yesterday, Business Forward held a conference call with Kristin Dziczek, Vice President of the Center for...

Business Forward’s Latest Steel Index: U.S. manufacturers paying 25% more than foreign competitors

Business Forward, Inc. published its latest American Steel Index report today. The monthly report compares the prices American manufacturers and their foreign competitors pay for hot- and cold-rolled steel. Key charts are below. Click here to read the report. Yesterday, Business Forward held a conference call with Kristin Dziczek, Vice President of the Center for Automotive Research. She discussed the effect of increased steel prices on the auto industry and broader economy. Download a podcast...

Business Forward’s Latest Steel Index: American manufacturers paying 25% more than foreign competitors

Harm to American Manufacturers Increases; $270 Billion in Auto and Aerospace Exports at Risk Today we published the July edition of our American Steel Index report. The monthly report compares the prices American manufacturers and their foreign competitors pay for hot- and cold-rolled steel. Key charts are below. The index helps demonstrates three important points about today’s steel tariffs: Buyers in the U.S. are paying higher prices, while prices in competing markets are falling. The...