Trump's tariffs on steel and aluminum could raise these prices
In the aftermath of steel and aluminum tariffs during Trump's first term, major appliances showed price increases of between 5% and 10% between June 2018 and April 2019, Miller added, citing a monthly government data release. Those price hikes far outpaced an overall inflation rate of around 2%.
Wisconsin braces for impact of steel and aluminum tariffs
Trump set a 25% tariff, essentially a tax, on any steel and aluminum coming into the United States. As a result, consumers could expect to pay more for a wide range of products, from appliances and automobiles to canned beverages and sporting goods.
If the United States imposes tariffs on imports of Canadian steel and aluminum, some Americans will lose their jobs and U.S.
President Donald Trump's tariffs on steel imports this week are likely to wreak havoc on American auto manufacturing, ...
Steel Dynamics is likely set to be a big beneficiary of Trump's steel tariffs. Click here to find out why STLD stock offers ...
U.S. President Donald Trump's planned 25% tariffs on all steel and aluminum imports would be added onto other levies on ...
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