Trump to announce 25% aluminum and steel tariffs in latest trade escalation
Tariffs will come on top of existing metal duties and reciprocal tariffs will also come later in week, says president
Donald Trump said on Sunday that he will announce on Monday new 25% tariffs on all steel and aluminum imports into the US, which would come on top of existing metals duties in another major escalation of his trade policy overhaul.
The US president, speaking to reporters on Air Force One, also said he will announce reciprocal tariffs on Tuesday or Wednesday, to take effect almost immediately. Continue reading...
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