7.3 C
London
Tuesday, February 25, 2025
HomeUncategorizedTrump Expands Steel and Aluminum Tariffs

Trump Expands Steel and Aluminum Tariffs

Date:

Related stories

Trump Pentagon leadership shakeup aims to recapture ‘warrior ethos,’ expert says

President Donald Trump’s decision to fire several high-ranking military...

Who is Daniel ‘Razin’ Caine? Air Force general tapped for top advisor role in Pentagon upheaval

The Trump administration's Friday evening shakeup at the Pentagon...

Judicial pushback on Trump ‘hurting American people,’ says GOP rep leading impeachment charge

Georgia Republican Rep. Andrew Clyde, who earlier this month...

EXCLUSIVE: Trump warns major Dem against move that could cost voters trillions

FIRST ON FOX: President Donald Trump's White House is...

Deciphering Donald Trump: How his rhetoric sends different messages

Among the critics who posted on X Sunday after...
spot_imgspot_imgspot_img

The Trump administration announced on Monday an expansion of tariffs, raising levies on aluminum imports from 10 percent to 25 percent while maintaining the 25 percent tariff on steel. The move also reintroduces tariffs on certain allies that had previously negotiated exemptions or quota-based agreements, with no exceptions outlined in the new policy.

The decision is intended to bolster domestic metal industries in accordance with the administration’s commitment to supporting American manufacturers. The original tariffs, introduced in 2018, were justified on national security grounds, with the administration arguing they were necessary to ensure a stable supply of critical materials.

The expansion of tariffs is expected to have broad implications for global trade, including potentially raising tensions with steel-exporting U.S. allies such as Canada, the European Union, and Japan. It will also fall hard on Chinese steel producers, which have long exported their production at below-market prices, a practice known as “dumping.”

The post Trump Expands Steel and Aluminum Tariffs appeared first on The American Conservative.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_imgspot_imgspot_imgspot_img

LEAVE A REPLY

Please enter your comment!
Please enter your name here