May 9, 2025
World

25% US tariffs on steel, aluminum take effect

US President Donald Trump's 25% tariffs on steel and aluminum imports came into effect Wednesday, taking the United States a step closer to a trade war with its major partners.On Feb. 10, Trump signed two executive orders imposing 25% tariffs on steel and aluminum imports from all countries, effective March 12, ‘without exceptions or exemptions.’The hefty tariffs are likely to increase the cost of producing virtually everything in the US, from household appliances to cars and beverage cans, threatening to raise consumer prices in the future.

Related posts

Jimmy Carter, former US president, dies aged 100

Harshita Brella’s husband had been previously arrested for domestic abuse

US-Somali airstrike as battle rages for key town

admin

The famous Christmas carol inspiring Ukraine’s defenders

The promise and peril of Trump’s inaugural speech

admin

Suspected ‘witchdoctors’ arrested over attempt to ‘bewitch’ Zambia’s president

Leave a Comment