Trump announces blanket tariffs on steel and aluminum, reciprocal tariffs on other countries
President Donald Trump said Sunday that he will announce reciprocal tariffs this week, as well as a 25% blanket tariff on steel and aluminum imports. "Any steel coming into the United States is going to have a 25% tariff," Trump told reporters on Air Force One, adding that the same tariff would be applied to aluminum.
President Trump is an avowed supporter of tariffs, but many experts say such trade measures can boost inflation.
Here we go again. Earlier in the week, the Trump administration slapped a new round of 25 percent tariffs on Mexico and ...
The changing narratives around U.S. tariffs on imported goods are causing “whipsawing moves” in the U.S. dollar and driving its short-term price trend lower, said Chintan Kotecha, senior equity ...
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Tariffs will lift US gas prices within daysThe tariff on products imported from Canada will cost Americans 15 cents a gallon or more at the gas pump relatively soon.
As his trade advisers finalized plans to enact reciprocal measures on every country that charges duties on U.S. imports, ...
For investors who want to position their portfolios around tariff risks, there are three ways investors can try to insulate ...
Yet as the 2024 presidential election demonstrated, voters won’t tolerate politicians whose policies stoke inflation — and tariffs raise prices. But Trump’s new steel, aluminum and reciprocal ...
Tariffs help spur U.S. manufacturing by discouraging U.S. companies from importing goods made in countries with low ...
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