Reported about 17 hours ago
President Donald Trump announced plans to impose a new 25% tariff on all steel and aluminum imports starting Monday, in a move that escalates his trade policy. Speaking aboard Air Force One, he also mentioned that reciprocal tariffs would be revealed in a news conference on Tuesday or Wednesday, aimed at ensuring that U.S. tariff rates match those of other countries. This comes against the backdrop of previous tariffs imposed during his first term and existing duty-free quotas established by the former administration.
Source: YAHOO