Donald Trump raises steel and aluminum tariffs to 50%: Will higher...

Dununu.com Dununu

Sponsored

Donald Trump raises steel and aluminum tariffs to 50%: Will higher levies affect US industry? What's next

RSS Feed Business

Posted

117

US President Trump has escalated tariffs on steel and aluminum imports to 50%, aiming to bolster the domestic steel industry. However, sectors like housing, automotive, and canned goods are bracing for price hikes. While US steelmakers anticipate job creation, foreign producers, especially Canada, face challenges. Automakers warn of disadvantages, and homebuilders foresee increased construction costs, impacting affordability for consumers.

Read Full Article

Please log in to like, share and comment!

India Champions boycott Pakistan once again

India Champions will not play Pakistan in the World Championship of Legends semi-final. The team...

By 0 9

'Were you sleeping in history class?' Jaishankar's 'China guru' dig at Rahul; slams Gandhi family

By 0 10

Trump's judge pick: US President's ex-defence lawyer approved for court of appeal; whistleblower claims denied

Emil Bove, ex-lawyer for Donald Trump, is now a judge. The US Senate confirmed him to the 3rd...

By 0 10

UAE: Will influencers need an advertiser permit to post on social media? What you need to know

New rules are coming to the United Arab Emirates. Now, social media users need a permit for...

By 0 10

UML in Bagmati awaits Congress’ official decision on provincial government

KATHMANDU: The CPN-UML, a coalition partner in Bagmati Province, has decided to move forward...

By 0 18