Former President Donald Trump has announced a comprehensive strategy to impose a 25% tariff on all steel imports into the United States, citing concerns over trade deficits and national industry protection. This decision, revealed during a speech on Air Force One, marks a significant pivot in the nation’s trade policies and has ignited debates among global trade partners.
Tag: Trade Tariffs
Donald Trump Introduces 25% Trade Tariffs on Steel and Aluminum Imports
Former U.S. President Donald Trump has announced the imposition of a 25% tariff on imported steel and aluminum starting next week. This move marks a significant escalation in his trade policy, aiming to reshape international trade dynamics and protect domestic industries.