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Donald Trump to impose 25 per cent tariffs on steel and aluminium 'almost immediately'


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  US President Donald Trump said he will impose a blanket 25 per cent tariff on all steel and aluminium imports entering the US as his attempt to reorder the global trading system continued.

The article from MSN discusses former U.S. President Donald Trump's plan to impose a 25% tariff on steel and aluminum imports almost immediately upon a potential return to office. This policy, which was part of his previous administration's trade strategy, aims to protect American steel and aluminum industries from what Trump describes as unfair trade practices by other countries. The tariffs were initially introduced in 2018, leading to significant trade tensions, particularly with allies like the European Union, Canada, and Mexico. Critics argue that these tariffs could increase costs for U.S. manufacturers and consumers, potentially sparking retaliatory measures from trading partners. Trump's announcement comes amidst his campaign for the 2024 presidential election, signaling a continuation of his "America First" economic policy.

Read the Full MSN Article at:
[ https://www.msn.com/en-gb/politics/government/donald-trump-to-impose-25-per-cent-tariffs-on-steel-and-aluminium-almost-immediately/ar-AA1yK2ct ]

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