Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Trump Raises Steel, Aluminum Tariffs to 25% to Boost U.S. Manufacturing, Economists Warn of Negative Impact</h1> President Donald Trump has implemented a 25% tariff on all steel and aluminum imports, removing previous exemptions and increasing aluminum tariffs from 10%. This move is part of a broader strategy to transform global trade and encourage domestic manufacturing by making foreign imports more expensive. While Trump argues that these tariffs will lead to increased investment in U.S. factories, economists warn of potential negative impacts on manufacturers reliant on these metals, as previous tariffs have led to significant production losses in downstream industries. Despite potential economic concerns, Trump maintains that the tariffs will generate revenue and incentivize domestic production.