U.S. Implements 50% Tariffs on Steel and Aluminum Imports

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Source: The New York Times
U.S. Implements 50% Tariffs on Steel and Aluminum Imports
Photo: The New York Times
TL;DR Summary

The U.S. has doubled tariffs on steel and aluminum imports to 50%, aiming to protect domestic industries but causing international tensions and raising costs for American companies relying on these metals, with significant impacts on trade relations, especially with Canada and Europe.

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