Breaking: Trump to Impose 25% Tariffs on Steel and Aluminum Imports, Escalating Trade War
2025-02-10
USA TODAY
In a significant escalation of the ongoing trade war, President Donald Trump is set to sign an executive order imposing 25% tariffs on all steel and aluminum imports. This move is expected to impact trading partners and spark further tensions in global trade relations. The tariffs are part of Trump's 'America First' policy, aiming to protect domestic industries and jobs. With the US trade deficit being a major concern, this decision may have far-reaching consequences for international trade and commerce, including global market trends and economic growth.