The Trump administration slapped new steel and aluminum tariffs on Europe, Canada and Mexico Thursday morning after President Trump issued a proclamation from the White House laying out the terms. “Today, President Donald J. Trump signed two proclamations, which note that measures are in place to address the impairment to the national security threatened by […]
How Bad Would Steel and Aluminum Tariffs Be, Really?
President Trump has proposed slapping a 10- and 25-percent tariff on aluminum and steel imports, respectively.  The cry from the free trade quarter and the mainstream media is loud, often bordering on hysterical.  They claim that these tariffs will raise consumer prices, hurt the U.S. economy, invite retaliation from other countries, and maybe lead to a trade […]
IT’S OFFICIAL: 25% Tariff ON STEEL, 10% ON ALUMINUM
In Triumph for Economic Nationalism, Trump Imposes Sweeping Metals Tariffs President Donald Trump on Thursday signed formal proclamations imposing tariffs aimed at defending Americaâs steel and aluminum industries from foreign imports. The tariffs are an âiron cladâ measure aimed at defending industries vital to U.S. national security, a senior administration official said. The orders impose […]
Trump Announces New Tariffs On Aluminum And Steel.
Trump made the announcement during a meeting with industry executives at the White House, arguing that domestic producers have been treated very unfairly by previous administrations. âWhatâs been allowed to go on for decades is disgraceful,â he said at the meeting. âAnd when it comes to a time when our country canât make aluminum and […]