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Trump's steel and aluminum tariffs "ignite" panic! Executives of American companies are as anxious as ants on a hot pot...
① The USA President Trump announced a 25% tariff on all Steel and Aluminum imported to the USA, expected to take effect in mid-March, affecting a variety of companies like Coca-Cola and Ford; ② USA companies are adopting various strategies to respond, including changing their import product mix or directly passing costs to consumers.
Govt Urged To Act Swiftly Over Possible Steel Dumping Amid 25% US Tariff
Escalation After Metal Tariffs Expected, Says ING -- Market Talk
Canada's Trudeau Pushes 'Firm and Clear' Response to U.S. Tariffs on Steel, Aluminum
Trump imposes Steel and Aluminum tariffs, multiple European countries respond strongly: they will not hesitate to retaliate!
On the 10th local time, US President Trump signed an executive order announcing a 25% tariff on all Steel and Aluminum imported to the USA; This move sparked a wave of retaliation warnings from America's European trading partners; Many analysts view Trump's tariffs as a negotiating tool to force other countries to make concessions.
Trump's 25% Tarrifs A 'Self-Inflicted Wound,' Says Economist Amid Warnings Of Fewer American Jobs — Peter Schiff Says You'll Pay More For Cars And Homes
