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%.
E&E · 2d
Steel industry applauds Trump tariffs as it waits out funding freeze
The 25 percent tariffs — set to go into effect March 12 — will apply to all countries. That’s a win for the U.S. steel industry, which has long complained about cheap imports — and urged Trump to resurrect the tariffs he implemented in his first term.
The Financial Times · 3d
‘Cost and chaos’: Donald Trump’s metal tariffs sweep across corporate America
Donald Trump’s threat to impose big tariffs on steel and aluminium is rippling across US industry, with companies ranging from manufacturers to oil and gas drillers facing increasing costs for the metals.
Put simply, aluminum production starts with the metal-rich ore bauxite. After a series of chemical reactions, a powdery ...
India's aluminium shipments to the U.S., its top export market for the metal, will likely drop due to tariffs proposed by ...
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