Reported about 13 hours ago
President Donald Trump has announced the implementation of 25% tariffs on steel and aluminum from all countries, set to begin on March 4. This executive order marks a continuation of his efforts to reshape U.S. trade policies, with potential exemptions being considered for certain countries like Australia. The move is part of a broader strategy that includes reciprocal tariffs and aims to address trade imbalances, amidst ongoing tensions with China, Canada, and Mexico. Critics warn about possible job losses in industries reliant on these metals.
Source: YAHOO