Reported about 1 month ago
U.S. President Donald Trump has announced a 25% tariff on all steel and aluminum imports, escalating trade tensions, particularly with major partners like Canada, Mexico, and China. While intended to protect domestic industries, this decision could lead to retaliatory measures from other countries and raise inflation concerns. Discussions between Trump and Chinese President Xi Jinping are anticipated, potentially paving the way for negotiations amidst ongoing trade wars.
Source: YAHOO