Trump's New Tariffs on Steel, Aluminum Won't Help American Manufacturing
Near the top of an official "fact sheet" distributed by the White House on Tuesday morning, the Trump administration makes clear its rationale for imposing new tariffs on steel and aluminum imports.
The winners and losers of Trump’s steel and aluminum tariffs
The president’s plan to impose 25 percent tariffs on foreign steel and aluminum could protect U.S. suppliers, while increasing costs for others.
Wisconsin braces for impact of steel and aluminum tariffs
Trump set a 25% tariff, essentially a tax, on any steel and aluminum coming into the United States. As a result, consumers could expect to pay more for a wide range of products, from appliances and automobiles to canned beverages and sporting goods.
Tariffs on aluminum and steel | How will it impact consumers?
"It could push the price of soda cans up, forcing or causing soda manufacturers to increase their prices as well," Economist John Cooperstein at the U of A said.
Who gets hit hardest by steel and aluminum tariffs?
President Donald Trump's plan to impose 25% tariffs on imported aluminum and steel could in turn raise costs for American manufacturers that are passed on to consumers.
Expert, business opinions split over Trump tariffs on steel, aluminum
If the stock market is any indication, domestic steel and aluminum manufacturers can expect a boost from the 25% import tax on these materials imposed by President Donald Trump. U.S. Steel, Alcoa and
Steel, Aluminum Company Stocks Jump as Trump Plans 25% Tariffs on Imports
Shares of steel and aluminum manufacturers jumped Monday after President Donald Trump said he planned to implement new tariffs on imports of the two metals.
New 25% tariffs on steel, aluminum imports could bring higher costs for automakers, suppliers
U.S. steel and aluminum manufacturers figure to benefit from the new tariffs as their customers look to find domestic sources of the materials. Steel producers’ stocks prices reflected that optimism, as Cleveland-Cliffs shares gained 18% on the day, U.S. Steel Corp. shares rose 4.8% and Nucor Corp. stock improved 5.7%.
CAMMU issues statement on steel and aluminum tariffs
The Coalition of American Metal Manufacturers and Users (CAMMU), Washington, D.C., has issued the following statement: “Re-imposing 25% tariffs on steel and aluminum imports from our allies and without a workable exclusion process puts U.S. manufacturers directly in harm’s way.
Here’s Where Prices Could Rise Under Steel, Aluminum Tariffs
The White House is set to implement a 25% tariff on steel and aluminum imports, which could impact prices on a host of consumer products.
Trump steel, aluminum tariffs likely to drive up car costs, industry leaders say
President Donald Trump’s tariffs on steel imports this week are likely to wreak havoc on American auto manufacturing, industry leaders say
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Who sells the most steel and aluminium to the US and who is facing tariffs?
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Headaches for local manufacturers if aluminium tariffs hit China hard
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