steel, Trump and tariffs
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The Trump administration raised tariffs on aluminum and steel to 50% today, a move experts say could increase costs on everything from homes and cars to household and office supplies.While the U.S. has carved out its own niche in domestic metals manufacturing,
Anticipating increased prices on refrigerators, vacuums and more, experts say to act quickly and look for deals to mitigate the impact of tariff-driven hikes.
The European Union said it is preparing “countermeasures” against the U.S. following President Donald Trump’s unexpected announcement that he would increase his tariffs on steel. EU Commission President Ursula von der Leyen and Trump last week agreed to “rapidly” begin on a trade deal.