Summers, who served as treasury secretary under President Bill Clinton, blasted Bessent’s claim that Chinese producers will bear the brunt of new US tariffs on imports from China.

Hydro is investing Nkr1.65bn ($156m) in building a new wire rod casthouse at its aluminium smelter located in Karmøy, Norway.

How one Winnipeg steel company that dominates a niche part of the ice-rink construction business is navigating U.S. tariffs ...