Trump's tariffs on steel and aluminum could raise these prices
In the aftermath of steel and aluminum tariffs during Trump's first term, major appliances showed price increases of between 5% and 10% between June 2018 and April 2019, Miller added, citing a monthly government data release. Those price hikes far outpaced an overall inflation rate of around 2%.
Wisconsin braces for impact of steel and aluminum tariffs
Trump set a 25% tariff, essentially a tax, on any steel and aluminum coming into the United States. As a result, consumers could expect to pay more for a wide range of products, from appliances and automobiles to canned beverages and sporting goods.
Trudeau, speaking to reporters in Brussels, also reiterated that Canada would respond with countermeasures if need be. U.S.
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President Donald Trump is preparing to formally announce 25% tariffs on steel and aluminum imports. It's part of an ...
Steel Dynamics is likely set to be a big beneficiary of Trump's steel tariffs. Click here to find out why STLD stock offers ...
Chancellor of the Exchequer Rachel Reeves said she believes the UK can strike an agreement with the US to avoid tariffs on ...
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Trump's tariff threats deal familiar pain to steel companiesU.S. President Donald Trump's impending steel import tariffs will hit Ontario especially hard, where about half of Canada's ...
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