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%.
Japan industry minister Yoji Muto said on Wednesday the nation has requested that the United States exempt Japan from steel ...
Despite Donald Trump's tariff threats, experts see strong domestic metal companies weathering geopolitical headwinds.
Industry leaders in the U.S. believe the move could spark a trade war and lead to higher prices for American consumers, from appliances to automobiles.
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