Trump Imposes 25% Tariffs on Steel and Aluminium Imports – BBC

TL/DR –

President Donald Trump has announced a 25% tariff on all steel and aluminium imports. The European Union has vowed to retaliate to these tariffs with countermeasures targeting items such as bourbon, jeans, peanut butter, and motorcycles. The move has caused international concern about possible trade wars and its impact on global economy.

President Trump Imposes 25% Tariffs on Steel and Aluminium Imports

President Trump has announced 25% tariffs on all steel and aluminium imports, causing a stir in the global trade market. This announcement has been met with both criticism and support.

Analysing Trump’s Steel Tariffs

The Wall Street Journal has offered an insightful editorial on Trump’s steel tariffs, providing detailed arguments on their potential effects.

White House Restores Section 232 Tariffs

The White House has released a fact sheet about the restoration of Section 232 tariffs, offering further insights into this policy move.

Trump’s Possible Announcement on Tariffs Today

There seems to be speculation that Trump might announce more tariffs on major trading partners today, as per reports from NBC News.

EU Prepares for US Tariffs

The EU has warned of retaliatory measures against US tariffs, with potential targets being bourbon, jeans, peanut butter, and motorcycles.

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