All articles tagged with #aluminum tariffs
The Trump administration has expanded a 50% aluminum tariff to include 400 more product categories, likely leading to higher prices for American consumers on goods ranging from deodorant to farm equipment, as companies pass on increased costs amid ongoing trade tensions and inflation concerns.
President Joe Biden announced plans to urge the U.S. trade representative to consider tripling tariffs on Chinese steel and aluminum imports, citing unfair competition and anti-competitive trade practices. He emphasized his support for American steelworkers and criticized former President Donald Trump's trade policies. Biden's announcement comes as he campaigns in Pennsylvania, a battleground state, and opposes the planned sale of U.S. Steel to a Japanese-owned company.