Trump vows further action as US trading partners hit back at steel and aluminium tariffs

A brand new, 25 % import tax on all metal and aluminium coming into the USA has taken impact, drawing swift retaliatory measures from Canada and the European Union. Donald Trump warned of an additional response. Sweeping steel tariffs imposed throughout Trump’s first time period did have some constructive influence on the US metal and aluminium industries however negatively affected different sectors downstream. Plus, US inflation in February cooled barely. 



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