The steel industry is facing too much supply and tumbling prices. Much of the problem is coming from China, where Chinese Communist Party (CCP) policies have led to overcapacity. Faced with this issue, the United States placed tariffs on Chinese goods, including steel and aluminum, which the CCP has in turn tried getting around by using Mexico as a waypoint to the U.S. market. This loophole is now being closed as well. We’ll discuss in this episode of Crossroads.
Views expressed in this video are opinions of the host and guests and do not necessarily reflect the views of The Epoch Times.
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