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President Donald Trump moved to substantially raise tariffs on steel and aluminum imports on Monday, canceling exemptions and duty-free quotas for major suppliers Canada, Mexico, Brazil and other ...
President Trump on Monday signed proclamations to bolster tariffs on all steel and aluminum imports into the United States and crack down on attempts by China and Russia to evade penalties.
Canada is also a major supplier of aluminum to the United States, followed distantly by the United Arab Emirates, Russia and China. Mr. Trump’s decision to impose tariffs on metals is not new.
According to a recent study, the aluminum alloy market is expected to grow by $150 billion by 2024. Although aluminum doesn’t have the allure of gold and silver, its production and distribution ...
Commodity prices climbed and related currencies softened against the dollar on Monday after President Donald Trump said he would impose 25% tariffs on all steel and aluminum entering the US.
President Trump said he will announce 25 percent tariffs on steel and aluminum Monday, adding that he would also kick off reciprocal tariffs in the days after. Trump said the steel and aluminum ta ...