Michelle L. Price and Marc Levy | The Associated
Guest
Offline
President Donald Trump on Friday told Pennsylvania steelworkers he’s doubling the tariff on steel imports to 50% to protect their industry, a dramatic increase that could further push up prices for a metal used to make housing, autos and other goods.
In a post later on his Truth Social platform, he added that aluminum tariffs would also be doubled to 50%. He said both tariff hikes would go into effect Wednesday.
Trump spoke at U.S. Steel’s Mon Valley Works–Irvin Plant in suburban Pittsburgh, where he also discussed a details-to-come deal under...
Continue reading...