Where does the US get its steel and aluminum from?
U.S. President Donald Trump substantially raised tariffs on steel and aluminum imports on Monday to a flat 25% "without exceptions or exemptions" in a move he hopes will aid the struggling industries in the United States but which also risks sparking a multi-front trade war.
Trump's tariffs on steel and aluminum could raise these prices
In the aftermath of steel and aluminum tariffs during Trump's first term, major appliances showed price increases of between 5% and 10% between June 2018 and April 2019, Miller added, citing a monthly government data release. Those price hikes far outpaced an overall inflation rate of around 2%.
7hon MSN
Trump did pretty much the same with steel and aluminum tariffs during his first term. But they took a toll last time, ...
Existing American tariffs already restrict steel and aluminum shipments from China, which is now flooding other markets with ...
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