Politics and Government Politics and Government
Mon, February 10, 2025

Trump set to announce steel and aluminium tariffs with more import duties due


Published on 2025-02-10 04:20:48 - MSN
  Print publication without navigation

  • Trump's comments on 25% tariffs are the latest example of his willingness to threaten, and in some cases to impose, import taxes. Tariffs are coming much earlier in his presidency than during his previous four years in the White House,

The article from MSN discusses former President Donald Trump's plans to announce new tariffs on steel and aluminum imports, signaling a potential return to his administration's protectionist trade policies. Trump's proposed tariffs aim to protect American industries from what he describes as unfair trade practices by other countries. This move is part of a broader strategy to bolster domestic manufacturing and could lead to increased costs for industries reliant on these materials. The announcement is expected to stir reactions both domestically and internationally, with potential implications for global trade relations, especially with countries like China and the European Union. Additionally, Trump's tariff plans could reignite debates over trade wars and their economic impacts, including potential retaliation from trade partners.

Read the Full MSN Article at:
[ https://www.msn.com/en-ca/politics/government/trump-set-to-announce-steel-and-aluminium-tariffs-with-more-import-duties-due/ar-AA1yJKHR ]