Trump Administration Implements 25% Tariffs on Steel and Aluminum Imports

Reported about 12 hours ago

The White House has confirmed that starting March 11, a 25% tariff on all steel and aluminum imports will be enacted, significantly altering U.S. trade policy. President Trump has also hinted at possibly increasing tariffs on Canadian metals to 50%, especially after recent tensions over electricity surcharges. Industries are reacting with mixed sentiments; while some embrace the tariffs, there are concerns about inflation and economic forecasts as businesses weigh the ongoing trade turmoil.

Source: YAHOO

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