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%.
Both China and Russia have exploited loopholes in the existing metals tariffs to ship their steel and aluminum to the United States via Canada and Mexico, the official told reporters Monday.
Russia and Germany each account for about 4% of US steel imports. Canada accounted for almost 80% of US aluminum imports last year. Trump has said that he also plans to impose copper tariffs in ...
President Donald Trump has called for "reciprocal tariffs" on countries that impose such levies on American goods, according ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback