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Tariffs

Steel recycling company Bayou Steel has filed for protection under Chapter 11 of the Bankruptcy Code. The move comes a day after announcing it would be laying off 376 employees and shutting down its LaPlace-based steel mill.

According to documents filed in Delaware bankruptcy court Tuesday, the steel recycling company owes between $50 and $100 million to other businesses. Among the 30 entities owed the most, seven are based in Louisiana.

One Year Later, Louisiana Remains Vulnerable To Tariffs

Aug 28, 2019
NATIONAL OCEANIC AND ATMOSPHERIC ASSOCIATION

It’s been nearly a year since trade tensions between China and the U.S. began escalating. Since then, both countries have introduced several rounds of tariffs, hitting multiple industries in Louisiana.

On this week's Capitol Access, Greg Upton, an assistant research professor at LSU’s Center for Energy Studies, discusses the impact in Louisiana so far. 

Wallis Watkins

As 2018 draws to a close, Governor John Bel Edwards says he’s pleased with the progress that’s been made, and he remains optimistic about the future of Louisiana.

Trump Administration tariffs on things like steel and aluminum have been hard on ports across the country. But  officials at the Port of New Orleans say diversification has kept it in strong financial shape.

Wallis Watkins

The cost of printing a newspaper has grown by more than 20% this year, in part because of a tariff the Trump administration placed on imported newsprint - the paper that newspapers are printed on. But the industry could soon be seeing some relief. Last week, the United States International Trade Commission voted to lift the newsprint tariff. 

National Oceanic and Atmospheric Association

The Trump Administration is placing a tariff — or tax — on imported steel and aluminum in an effort to bolster U.S. manufacturing.

The price of imported steel will go up by 25 percent, which means construction costs will go up, too.