Trump announces 25% tariffs on foreign steel and aluminum

President ramps up controversial bid to boost economy by hiking import taxes to ensure ‘level playing field’Why Trump tariffs will be ‘very bad for America and for the world’Donald Trump is preparing to impose 25% tariffs on foreign steel and aluminum on Monday, ramping up his controversial bid to boost the US economy by hiking taxes on imports from overseas.The tariffs will ensure that “American producers can compete on a level playing field again,” a White House official told Reuters. Continue reading...

Feb 10, 2025 - 15:00
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Trump announces 25% tariffs on foreign steel and aluminum

President ramps up controversial bid to boost economy by hiking import taxes to ensure ‘level playing field’

Donald Trump is preparing to impose 25% tariffs on foreign steel and aluminum on Monday, ramping up his controversial bid to boost the US economy by hiking taxes on imports from overseas.

The tariffs will ensure that “American producers can compete on a level playing field again,” a White House official told Reuters. Continue reading...

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