Thu, February 13, 2025
Wed, February 12, 2025
Tue, February 11, 2025
[ Tue, Feb 11th ] - Politico
Playbook: Law and order
Mon, February 10, 2025
Sun, February 9, 2025
Sat, February 8, 2025
[ Sat, Feb 08th ] - MSN
Trump Fires Nation's Archivist
Fri, February 7, 2025

Trump announces 25% tariffs on steel and aluminum imports


//politics-government.news-articles.net/content/ .. es-25-tariffs-on-steel-and-aluminum-imports.html
Published in Politics and Government on Monday, February 10th 2025 at 8:00 GMT by MSN   Print publication without navigation

  • U.S. President Donald Trump announced on Sunday that he would impose new 25% tariffs on all steel and aluminum imports into the U.S., with an official statement expected on Monday. Additionally, Trump indicated plans to introduce "reciprocal tariffs" as early as Tuesday,

The video from MSN discusses former President Donald Trump's announcement of imposing a 25% tariff on steel imports and a 10% tariff on aluminum imports. This decision was part of Trump's broader "America First" trade policy aimed at protecting U.S. industries from what he described as unfair trade practices by other countries. The tariffs were intended to revive the American steel and aluminum industries, which Trump argued had been decimated by global overcapacity, particularly from China. Critics, however, expressed concerns over potential retaliation from trade partners, increased costs for American manufacturers, and the possibility of sparking a trade war. The announcement was met with mixed reactions, with some domestic producers welcoming the move, while industries reliant on imported metals and some international allies voiced opposition.

Read the Full MSN Article at:
[ https://www.msn.com/en-au/politics/government/trump-announces-25-tariffs-on-steel-and-aluminum-imports/vi-AA1yKcqB ]

Publication Contributing Sources