What are tariffs? Here's everything you need to know about the import duties.
President Trump is an avowed supporter of tariffs, but many experts say such trade measures can boost inflation.
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Trump announces 25% tariffs on all steel and aluminium imports
In 2018, the first Trump administration imposed a 10% duty on imported aluminium and 25% on steel. The purpose was to support domestic production and make the industries more self-reliant.
EU readies response as Trump hikes steel and aluminium tariffs
The European Union said it would respond with "firm and proportionate countermeasures" after U.S. President Donald Trump's decision to impose tariffs on all steel and aluminium imports, escalating ...
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US tariffs on steel, aluminum imports to start in March
US President Donald Trump has substantially raised tariffs on steel and aluminum imports to a flat 25% "without exceptions or ...
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S. Korea unveils tariff cuts, import quotas on 10 fruits
SOUTH Korea has unveiled its 2025 Economic Policy Directions, introducing revised tariff rates and import quotas on 10 types of fruits, including bananas, mango ...