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US doubles steel, aluminum tariffs

New York Post · 1h

Trump’s 50% tariffs on imported steel, aluminum take effect

Late on Tuesday, Trump signed an executive proclamation to implement, starting Wednesday, his announcement last week to increase tariffs on steel and aluminum imports that had been in place since March from 25% to 50%. The new tax went into effect at 12:01 a.m.

gasworld · 39m

Higher US steel and aluminium tariffs swing into effect

Higher tariffs for US steel and aluminium imports, which have been doubled to 50%, swing into effect today. Tariffs on both products from the UK will remain at 25%, with possible changes or quotas starting 9 July, depending on the status of the US–UK Economic Prosperity Deal.

The New York Times · 7h

Higher Tariffs on Steel and Aluminum Imports Go Into Effect

The president has ratcheted up the rate on foreign metals to 50 percent, double the previous rate, saying the levies weren’t high enough to help the U.S. industry.

Trump’s Tariffs Expected to Drag Down Global Economy

The New York Times · 18h

Trump’s Tariffs Expected to Drag Down the Global Economy

Economic growth will slow this year and next as the trade war hampers development in the United States and around the world, the Organization for Economic Cooperation and Development said.

Bloomberg on MSN · 1d

Trump Tariffs Are Hurting US and Global Economy, OECD Warns

Donald Trump’s combative trade policies have tipped the world economy into a downturn, with the US among the hardest hit, the OECD said.

Reuters on MSN · 1d

Australia central bank says higher US tariffs a drag on global economy

Australia's central bank said on Tuesday that higher U.S. tariffs would drag on the global economy and put near-term downward pressures on prices of traded goods, though the exact impact is hard to assess given the policy uncertainties.

UK working 'at pace' to finalise US trade deal

UK working 'at pace' to finalise US trade deal after being spared from Trump's 50% tariffs

The UK could end up facing the higher rate if its deal signed with the Trump administration last month does not come into force.

Trump administration expects trade talks with China soon amid tariff fallout with other nations

President Trump and Chinese President Xi Jinping haven't spoken since before Mr. Trump took office, but Trump administration officials say a call between the two leaders could happen as soon as this week to discuss the ongoing trade war.

US-China trade: Trump says Xi 'extremely hard to make deal with'

US President Donald Trump has hinted that there will not be a deal with China over the two countries' trade dispute anytime soon. He wrote on his Truth Social platform on Wednesday: "I like President Xi [Jinping] of China,

2h

Tariff-Resistant US Economy Soothes Traders Ahead of Jobs Data

Options traders are betting the S&P 500 Index will post its smallest swing in months following Friday’s US employment report, ...

7hon MSN

Trump's 50% tariffs on metals come into effect

US President Donald Trump has signed an order doubling tariffs on steel and aluminium imports from 25% to 50%. The move hikes ...

18h

'Trade impact of US tariffs likely soon': OECD's Alvaro Santos Pereira

The Russia-Ukraine conflict escalation poses a significant threat to the global economy, potentially impacting energy prices ...

18h

U.S. Economic Resilience Continues Despite Tariff Anxiety

US economy continues to defy recession fears while inflation concerns are yet to materialize. The full impact of tariffs is ...

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