Reported 1 day ago
U.S. President Donald Trump has announced new 25% tariffs on all steel and aluminum imports, escalating trade tensions and causing market volatility. Stocks in Asian steelmakers fell, while the dollar strengthened. Analysts warn that these tariffs could harm the U.S. economy by increasing prices and potentially triggering tit-for-tat responses from other countries, altering global trade dynamics and growth prospects.
Source: YAHOO