Trump’s Steel Tariffs Are Unlikely to Have a Big Impact on Australia. But We Could Be Hurt by What Happens Globally
5 Articles
5 Articles
Countries like Australia could be hurt by Trump's global steel tariffs
Trump’s steel tariffs are unlikely to have a big impact on Australia. But we could be hurt by what happens globally Shestakov Dymytro/Shutterstock Scott French, UNSW Sydney Just one day after the US Court of Appeals temporarily reinstated the Trump Administration’s Liberation Day tariffs of between 10% and 50% on nearly every country in the world, Trump announced tariffs on all US imports of steel and aluminium will increase from 25% to 50%. He…
How Will US Steel Tariff Hike Impact China’s Steel Exports? - YT FINANCE
The news that US President Donald Trump plans to double tariffs on imported steel from 25% to 50% sparked renewed investor focus on ferrous commodities. While the direct impact on China’s steel exports to the US is limited, analysts warn that the move could worsen already weak market sentiment and raise broader concerns about escalating trade tensions.
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