N@N

Trump's 25% steel, aluminum tariffs add on to Canada and Mexico duties: W.House

The article discusses former President Donald Trump's decision to impose a 25% tariff on steel and a 10% tariff on aluminum imports from Canada and Mexico, which was part of his broader "America First" trade policy. These tariffs were initially applied in 2018 under Section 232 of the Trade Expansion Act, citing national security concerns. The move was met with significant backlash from both countries, leading to retaliatory tariffs. Despite the exemptions granted to Canada and Mexico in May 2019, the underlying tensions and the potential for reimposition of these tariffs have continued to affect trade relations. The article also touches on the broader implications of these tariffs, including increased costs for American manufacturers and consumers, strained international relationships, and the ongoing debate over trade protectionism versus free trade.

Read the Full MSN Article at:
[ https://www.msn.com/en-xl/politics/government/trump-s-25-steel-aluminum-tariffs-add-on-to-canada-and-mexico-duties-w-house/ar-AA1yV3TN ]