Supports Lutnick Tariff of 50% Steel to Be Able to Wage War
4 Articles
4 Articles
Washington.- The U.S. Secretary of Commerce, Howard Lutnick, defended the decision to increase the tariff on imports of steel and aluminium to 50 percent, ensuring that his country must have sufficient capacity to produce both metals in case it needed to wage war. Only a few hours after the entry into force of the new 50 percent tariff on steel and aluminium, Lutnick appeared before the Senate Expenditure Committee where he responded to question…
The Old Steel at the Heart of a Commercial War Admin FCE 05 June 2025 - 10:43 The Trump administration's decision to double tariffs on steel imported into the United States to 50%, as on aluminum, casts a new shadow on this strategic market for skyscrapers or automobiles, and has little chance of benefiting the American economy, point out experts in the sector.What happened during the first Trump term?During his first visit to the White House (2…
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