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US tariffs on Chinese imports grow

The cost of trade between China and the U.S. is rising. Tariffs, or taxes, on $200 billion of Chinese imports to the U.S. rose from 10% to 25% one minute after midnight on May 10. "The tariff increase inflicts significant harm on U.S. industry, farmers and consumers,"...

source: By Seth Sandronsky
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Gold prices rebounded on Friday after U.S. Treasury Secretary Steven Mnuchin said his agency and the Federal Reserve have "enough firepower" to continue to support the economy, boosting the metal's appeal as a hedge against inflation. The comments came a day after Mnuchin...

source: Mining.com

Production of crude steel in Korea is projected to fall below 70 million tons this year for the first time in four years. But Korea is expected to hold on to the sixth spot globally in terms of crude steel production as plummeting demand...

source: Hellenic Shipping News Worldwide

Goodfellow Bros. is the proud recipient of one of three commemorative Cat D6 XE dozers — a special edition high-drive electric drive dozer built specifically to celebrate Caterpillar's production of 175,000 medium high-drive dozers. Caterpillar...

source: Construction Equipment Guide

When crane manufacturers promote the features and benefits of a new crane model, "easy transport" is always on the list. With road weight and traffic laws set by local and state transportation departments, crane owners need to know they...

source: Construction Equipment Guide

If there's one lesson to be learned from 2020, it's this: We need to be prepared for pretty much anything to happen at any time. From pandemics to natural disasters to accidents and injuries on the jobsite, there's a lot that can go wrong. Fortunately, a well-trained crew...

source: ForConstructionPros

John Deere Grade Pro motor graders now include new technology features, including two that Deere says are industry-exclusive: Blade Stow and Auto-Gain for Cross Slope. "These new features allow new operators to come up to speed more...

source: Equipment World

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