Trump’s 2018 metals tariffs created job growth in the steel industry, but ultimately cost consumers more money as a result of job losses in industries that rely on steel and aluminum, studies have ...
The typical American consumer is highly unlikely to purchase raw steel or aluminum on their own. That might lead them to believe their wallets are shielded from the 25% tariffs President Donald Trump ...
President Donald Trump’s tariff increase on all steel and aluminum imports took effect on Wednesday, prompting a retaliatory move from Europe.
By mid-2019, the tariffs were lifted for Canadian and Mexican imports, which accounted for 27% of the U.S.’s steel imports and 43% of its aluminum imports. The Biden administration later ended tariffs ...