Trump’s 50% tariff on steel and aluminium comes into effect;...

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Trump’s 50% tariff on steel and aluminium comes into effect; Here's what we know

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US president Trump has signed an order doubling tariffs on imported steel and aluminum to 50%, citing national security concerns and aiming to protect domestic industries from foreign dumping. While tariffs on UK imports remain at 25%, the hike targets other partners, prompting warnings of retaliation from the European Union and Mexico seeking an exemption, adding pressure to ongoing trade talks.

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