Reported about 12 hours ago
President Donald Trump has announced a 25% tariff on all steel and aluminum imports, including from close allies like Canada and Mexico, to protect U.S. industries amid ongoing trade tensions. Set to take effect on March 4, the tariffs aim to counteract what Trump describes as circumvention efforts by countries such as Russia and China. This move broadens his trade protectionist policies from previous years and could significantly affect prices for consumers and manufacturers in various sectors, as well as provoke potential retaliatory measures from trading partners.
Source: YAHOO