write a two-page analyze article following the requirement

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Question Description

This situation is set up to give you a real-world look at the complex nature of international trade negotiations, especially for multinational companies.

The following articles give you the background for the next situation.

https://www.forbes.com/sites/johnkotter/2019/03/27/tariffs-and-a-turkish-coup-how-manufacturers-win-in-the-face-of-uncertainty/#364a04832770 (Links to an external site.)Links to an external site.

https://www.reuters.com/article/us-usa-trade-steel/dont-blink-on-trump-tariffs-steel-ceos-tell-u-s-lawmakers-idUSKCN1R82NG (Links to an external site.)Links to an external site.

https://www.politico.com/story/2019/03/27/trump-auto-tariff-republicans-1240519 (Links to an external site.)Links to an external site.

https://www.forbes.com/sites/kenrapoza/2019/03/26/heres-how-much-money-the-government-is-making-off-chinese-tariffs/#20b099fb7b7a (Links to an external site.)Links to an external site.

You work for Nucor Steel. Your CEO has asked to present the board of directors a set of recommendations for the company’s response to the steel tariffs.

Information for your response:

  • Nucor has steel plants around the world
    • This includes the USA, Brazil, China, Germany
  • Nucor has customers for the products around the world
  • The 3 major products of Nucor are automotive steel (33%), sheet metal (33%), and construction steel (33%).
    • Brazil and China focus on automotive steel
    • Germany focus is sheet metal
    • USA construction steel
  • The customers for each product are the following:
    • automotive steel--US and Germany
    • sheet metal–China and India
    • construction steel—Brazil and China
  • Nucor has access to multiple politicians that can make recommendations to the President
  • Nucor will continue to produce in each country.
    • This is due to the nature of steel production.

What I am looking for is a set of recommendations for the board of directors in regards to the company’s position on tariffs and trade negotiations. I want an actual recommendation for the company to state publically and what the lobbying position should be for the near term. Keep in mind that Nucor MUST continue operations in all countries. Also, keep in mind the steel tariffs have a positive public image. You must give a recommendation for the 3 divisions (the products) and the reasons for these recommendations.

This is a very complicated situation, and you will need to make sure you keep in mind that these tariffs do not happen in a vacuum. This means other countries will also place tariffs.

Please write 2-page article use APA style.

Tutor Answer

nkostas
School: Boston College

Attached.

Running head: RECOMMENDATION ON NUCOR STEEL PLANT

Recommendations On Nucor Steel Plant
Student’s Name
Date

1

RECOMMENDATIONS ON NUCOR STEEL PLANT

2

Recommendations on Nucor Steel Plant
The Nucor Steel Company that has various plants located in different countries. The
international company needs to explore ways of preventing implications of high tariffs on
imports from China and Germany. Instead, the focus should shift on expanding plants in Brazil
where tariffs on imported steel are exempted (Rapoza, 2019). The plants located in the U.S can
avoid high taxes imposed on steel import from China and import steel from Brazil to be able to
compete in the global market. The US government is using tariffs on steel as trade war resulting
reduced profit margin for locally based firms; It proves fruitless when a firm imports steels
imposed high tariffs resulting in higher domestic prices of the product.
The executives need to negotiate with the U.S trade affair department to review "section
232 to allow the local steel industry t...

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Anonymous
awesome work thanks

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