This situation is set up for 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.) 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.) https://www.politico.com/story/2019/03/27/trump-auto-tariff-republicans-1240519 (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.) 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, Germany, UAE. 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 UAE 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. Note Nucor was access to ALL governments involved and can lobby directly to the government. Also, note while they do not have directly owned factories in China they do have several partnership with Chinese facilitates.
Economics
Chosen Article: https://www.bloomberg.com/news/articles/2017-05-09/young-workers-herald-rise-of-southeast-asia-as-growth-leader
1. Find a relevant economic article or interview about a Southeast Asian Economy
2. Prepare a 1-2 page paper that is in APA formatting(title page, reference page, in-text citations, and running header)
3. You should focus your paragraphs in the following way:
a. summary
b. content/development/analysis—focus on the development of the article that you have chosen
c. recommendations/conclusion
4. Copy and paste your entire article that you evaluated after the reference page….No links are allowed
5. Make sure to submit your work on time and only submit ONE document that contains both your paper and article. Do not wait until the last minute as your paper is due on time for grading. No late papers will be accepted. I can easily pre-grade your work, if you submit it to me through email.
REQUIREMENTS FOR PAPER
You will be required to complete one paper that is a 1-2 page writing assignment that must be turned in as a Paper. You will need to submit one document that includes both your article and paper. The article must be at the end of your referenced page and must be the full article. No links are allowed for your work or you will lose 30 points. If you do not turn the paper in you will receive a 0/100 as there are no exceptions or extensions. You must also use APA format in your paper to receive credit. What you will be doing is to find an article on any economic topic. You are required to find an article that is relevant to this course and make an argument in your analysis using appropriate economic terminology. Make sure you are referencing all appropriate sources. Please read the Assignment Scoring Rubric to find exactly how you are going to be assessed.



