President Trump is boosting steel and aluminum tariffs. The president removed the exceptions and exemptions from his 2018 tariffs on steel, meaning that all steel imports will be taxed at a minimum of 25%. He also increased his 2018 aluminum tariffs. Canada is the largest source of steel imports and criticized the move as destabilizing for […]
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Trump boosts his 2018 steel and aluminum tariffs to 25%
President Trump is boosting steel and aluminum tariffs. The president removed the exceptions and exemptions from his 2018 tariffs on steel, meaning that all steel imports will be taxed at a minimum of 25%. He also increased his 2018 aluminum tariffs. Canada is the largest source of steel imports and criticized the move as destabilizing for the global economy.