Trump US tariffs on imports on metal and aluminum

Source -Livemint
@banksim (5351)
February 12, 2025 6:15am CST
Donald Trump issued an executive order declaring that US tariffs on imports of metal and aluminum will start on March 12. US President Donald Trump declared on Monday that imports of steel and aluminum could be subject to a 25% tariff beginning on March 12, 2025. Trump stated that imports from precise international locations were a danger and that the alternate agreements could be revoked, citing country- wide safety concerns. moreover, he issued a separate order regarding the import of aluminum. regardless of cautions from China and Europe, US President Donald Trump on Monday declared he'll impose 25 percent price lists on imports of metal and aluminum beginning March 12.
5 people like this
4 responses
@porwest (98457)
• United States
12 Feb
I am looking back to the same tariffs on steel and aluminum during his first term and there was one conclusion I drew and I was directly connected to these tariffs as products I sold were in those categories...it had NO impact that hurt business or prices. In other words, I am not concerned that there will be any impact this time. We have to protect American interests, jobs, and industry.
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@banksim (5351)
13 Feb
every country has to protect their interest
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@porwest (98457)
• United States
13 Feb
@banksim Absolutely. 100%.
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@banksim (5351)
14 Feb
@porwest so developing countries are also preparing mechanism to counter the effect
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• Northampton, England
13 Feb
US steel industry Down 5% last year so same again
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@banksim (5351)
18 Feb
yes...down for steel industries
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@xander6464 (44924)
• Wapello, Iowa
19 Feb
US steel industry Down 5% last year so same again ---------Don't sell Trump short. He is going to make the steel industry go down 25% this year.
@ptrikha_2 (47607)
• India
12 Feb
Yes, this move would impact many exporters in India, although Aluminium imports would be impacted more. Share market saw another drop after this announcement.
2 people like this
@banksim (5351)
13 Feb
share market is only searching reason to go down these days
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• Torrington, Connecticut
12 Feb
Good, Make the economy great again
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@banksim (5351)
13 Feb
economy become great only by production not by politics
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