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%.
Trump says no exemptions with metal tariffs to start in March
The comments came after the US president ordered a 25% import tax on all steel and aluminium entering the US, ending previous exemptions for allies including Canada and the EU and marking a major expansion of trade barriers. Trump said he was "simplifying" the rules and the measures would boost domestic production.
President Donald Trump’s sweeping 25% tariffs on steel and aluminum from all countries, announced Monday night, may not end ...
The US is reliant on around 45% of copper imports for its domestic consumption (according to data from the US Geological Survey). Chile is the country's biggest supplier at 35%, followed by Canada at ...
MCX Gold prices reached a record high of ₹86,360 per 10 grams on February 11, driven by concerns over US tariff policies.
President Donald Trump on Friday kept alive his drumbeat of tariff threats, saying levies on automobiles would be coming as ...
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