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%.
President Trump issued a Proclamation that expands the 25% tariffs on steel and steel derivatives, first imposed in 2018 under Section 232 of the Trade Expansion Act of 1962. Aluminum and ...
Existing American tariffs already restrict steel and aluminum shipments from China, which is now flooding other markets with ...
Cleveland-Cliffs stands out in the steel sector with leadership, integration, and growth potential, benefiting from tariffs ...
On March 12, all steel imports will be taxed at a minimum of 25%, the result of two orders the president signed Monday that ...
Brewers are worried about the added costs after President Trump signed a 25% tariff on steel and aluminum imports.
2don MSN
Trump did pretty much the same with steel and aluminum tariffs during his first term. But they took a toll last time, ...
Ford CEO Jim Farley did not mince words with Wall Street on Tuesday, describing the impact from a lasting 25% tariff as being ...
Which nation ultimately bears the cost of a tariff depends on what that country makes and its pull in the global market.
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