Trump says U.S. to impose hefty tariffs on steel, aluminum imports

Trump says U.S. to impose hefty tariffs on steel, aluminum imports

Trump says U.S. to impose hefty tariffs on steel, aluminum imports

U.S. President Donald Trump announced on Thursday he would impose tariffs of 25 percent on imported steel and 10 percent on aluminum, in a move the administration said would protect U.S. industry, but which critics said would fail to boost jobs and risked stoking a trade war with China. Trump, speaking after a meeting with U.S. steel and aluminum makers said the duties would be formally announced next week. “We’re going to build our steel industry back and our aluminum industry back,” he said.

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Source:: https://finance.yahoo.com/news/trump-says-u-steel-aluminum-141528279.html