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.
Those tariffs — 25 percent on steel and 10 percent on aluminum — provoked outrage in Canada and Mexico, U.S. neighbors and ...
The top three suppliers of steel to the US are Canada, Brazil, and Mexico. China is the 10th largest supplier of steel to the ...
Shares of American steel and aluminum producers jumped, after President Trump said he plans to impose 25% tariffs on imports ...
United States Steel Corp. praised President Donald J. Trump’s steel tariffs, saying the moves would defend American ...
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