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Trump's hike of steel and aluminum tariffs 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, Jason Miller, a professor of supply chain management at Michigan State University, previously told ABC News, citing a monthly government data release.
The 50% tariffs went into effect just after the clock struck midnight on Wednesday. The two metals had previously faced 25% tariffs worldwide since mid-March, when Trump’s order to remove steel ...
President Trump doubled almost all aluminum and steel import tariffs, seeking to curb China’s growing dominance in global trade. These six charts show the tariffs’ potential economic effects.
U.S. President Donald Trump has promised to hike nearly all of his tariffs on foreign steel and aluminum to a punishing 50% on Wednesday, a move that would hammer businesses from automakers to ...
Chinese steelmakers are bypassing tariffs in countries such as Indonesia and Turkey by exporting semi-finished products, a ...
The sector-specific tariffs are putting pressure on businesses and foreign nations as they try to navigate Trump’s constantly ...
Trump hiked tariffs on steel and aluminum to 50%. Move expected to impact automakers and home builders. In speech, president said tariff increases would ‘further secure’ U.S. steel industry ...
Steel imports would be hit with a 25 percent tariff, and aluminum imports with a 10 percent tariff. "Today I'm defending America's national security by placing tariffs on foreign imports of ...
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