Trump vows further action as US trading partners hit back at steel and aluminium tariffs

A new, 25 percent import tax on all steel and aluminium coming into the United States has taken effect, drawing swift retaliatory measures from Canada and the European Union. Donald Trump warned of a further response. Sweeping metal tariffs imposed during Trump's first term did have some positive impact on the US steel and aluminium industries but negatively affected other sectors downstream. Plus, US inflation in February cooled slighly. 

Trump vows further action as US trading partners hit back at steel and aluminium tariffs
A new, 25 percent import tax on all steel and aluminium coming into the United States has taken effect, drawing swift retaliatory measures from Canada and the European Union. Donald Trump warned of a further response. Sweeping metal tariffs imposed during Trump's first term did have some positive impact on the US steel and aluminium industries but negatively affected other sectors downstream. Plus, US inflation in February cooled slighly. 

This article has been sourced from various publicly available news platforms around the world. All intellectual property rights remain with the original publishers and authors. Unshared News does not claim ownership of the content and provides it solely for informational and educational purposes voluntarily. If you are the rightful owner and believe this content has been used improperly, please contact us for prompt removal or correction.