Cans are lined up at the Pacific Coast Producers plant in Oroville, Calif. The company, which cans fruits for sale in supermarkets, says new tariffs imposed by the Trump administration on steel imports will eat into its profits.
Rick King Design
Pigeons fly past the company logo of Sinovel Wind Co., Ltd. outside its head office in Beijing, in 2011. In January 2018, Sinovel was convicted in the U.S. of stealing trade secrets from American Superconductor.
A container ship waits to be unloaded at the Port of Oakland in California. President Trump says the trade deficit that the U.S. runs with other nations must be slashed for the well-being of the country.
The floor of the New York Stock Exchange on Thursday. The Dow Jones industrial average tumbled after the Trump administration announced plans to impose tariffs on Chinese imports.
President Donald Trump chats with Chinese President Xi Jinping during a welcome ceremony in Beijing on Nov. 9. The Trump administration is expected to release the results of an investigation into Chinese trade practices, a move that could lead to sanctions.
The Navy's new USS Little Rock arrives at the harbor in Buffalo, N.Y., last December. In imposing tariffs on steel and aluminum imports, President Trump said the U.S. military should be as self-sufficient as possible.
China has built one of the world's most formidable steel-producing sectors over the years. Above, a Chinese worker cuts steel in Qingdao in eastern Shandong province in January.