White House Announces Plans to Double Tariffs on Steel and Aluminum Starting Tomorrow
The United States is set to double its tariffs on imported steel and aluminum, a decision announced by the White House and signed into effect by President Donald Trump. This latest development takes the levies on both metals from 25% to 50%, marking a significant escalation in the ongoing trade disputes.
While tariffs on steel and aluminum from the UK will remain unchanged at 25%, both nations are in discussions to establish duties and quotas aligned with their existing trade agreement. The objective behind this move is to…