Executives of three of the largest U.S. steelmakers are pushing back against President Donald Trump’s abrupt announcement he intends to slap tariffs on Mexican imports, fearing it will stymie the new North American free-trade deal. Speaking at an industry conference in Washington, the chief executive officers of Nucor Corp., Steel Dynamics Inc. and AK Steel Holding Corp. said the U.S.-Mexico-Canada trade deal will benefit the American steel industry through new rules-of-origin requirements for raw materials sourced from North America. “Our reaction was surprise,” John Ferriola, CEO of Nucor...
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