Steel, Trump and aluminum tariffs
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While Donald Trump's wide-ranging taxes on imports face scrutiny in court, rates on steel and aluminum have been doubled. Here's what it'll all mean for you.
Europe already has tools to reduce the impact of Trump tariffs and Chinese over-capacity on the EU steel industry, such as stopping Russian imports of the metal, a Thyssenkrupp executive board member said on Thursday.
When it comes to President Trump's 50% tariffs on steel and aluminum, big ticket items such as cars, washing machines and heavy machinery often come to mind, but as Jo Ling Kent reports, they're hitting smaller,
The Premier of Ontario, Doug Ford, announced plans to move $30 billion in manufacturing to Canada after new U.S. steel tariffs.
2don MSN
Steel stocks soared Monday after President Donald Trump dropped a tariff bombshell at a rally in Pennsylvania on Friday evening.He plans to double imports on foreign steel to 50% from 25%. That move is designed to help the domestic industry.
2don MSN
Key TakeawaysThe S&P 500 added 0.4% on Monday, June 2, with steel tariffs and trade with China in the spotlight as markets entered the final month of the year's opening half.Comments by President Donald Trump about doubling tariffs on imported steel helped boost steelmakers' stocks,
Steel Manufacturers Association Government Affairs Vice President Brandon Farris reacts to the doubling of steel and aluminum tariffs to 50% by the Trump administration.
Even before Donald Trump’s “Liberation Day” tariffs on April 2nd, the median estimate among the 48 who were surveyed by the University of Chicago’s business school was that Mr Trump’s levies would raise inflation in 2025 by 0.