Trump's tariffs on steel and aluminum could raise these prices
In the aftermath of steel and aluminum tariffs during Trump's first term, major appliances showed price increases of between 5% and 10% between June 2018 and April 2019, Miller added, citing a monthly government data release. Those price hikes far outpaced an overall inflation rate of around 2%.
Put simply, aluminum production starts with the metal-rich ore bauxite. After a series of chemical reactions, a powdery substance known as alumina is shipped to refineries. Once poured into an ...
President Donald Trump’s tariffs on steel imports this week are likely to wreak havoc on American auto manufacturing, ...
The European Union said it would respond with "firm and proportionate countermeasures" after U.S. President Donald Trump's ...
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