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Trump’s Steel And Aluminum Tariffs Take Effect Tomorrow—Here’s How They Could Impact Prices

A 25% tariff on all steel and aluminum imports to the U.S. Takes effect today, part of President Donald Trump’s plan to impose new taxes on trading partners.
The tariffs could impact about $150 billion in imported consumer products, with car prices expected to rise by $1,000 to $1,500.
Critics argue that the tariffs will raise prices and cost American jobs while benefiting U.S. Producers less than projected.

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WKYC

President Trump's new steel tariffs spark mixed reactions in Ohio

Ohio is preparing for economic changes as new U.S. steel and aluminum tariffs take effect, with mixed reactions from local industries and potential cost increases.

10 hours ago·Cleveland, United States

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Associated Press News

+39 Reposted by 39 other sources

US factories likely to feel the pain from Trump's steel and aluminum tariffs

President Donald Trump is once again lashing out at three of his biggest irritants: foreign steel, foreign aluminum and Canada.

15 hours ago·United States

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abc10 News

Tariff threat means home renovations could quickly become more expensive

Basic home renovation projects like getting new fencing around the yard are about to get up to 20% more expensive.It seems like complete chaos, said Max Paul, co-owner of M&P Iron Works and Fencing.Thats according to Max Paul and Rene Morales at M&P Iron Works and Fencing. They say the threat of tariffs on materials from Mexico, Canada, and China has caused prices to go up.The vendors are implementing the hike in prices immediately," Paul said. …

18 hours ago·Poway, United States

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KJRH

+2 Reposted by 2 other sources

Steel and aluminum tariffs: Trade-offs and political calculations

Tariffs remain a hot topic in todays political landscape, with the Trump administration's tariffs on steel and aluminum standing out as a recurring theme. While many of these tariffs are unprecedented, the history of steel and aluminum tariffs stretches back to past administrations from President Donald Trumps first term in office, to the policies of former President George W. Bush in the 2000s, offering key lessons."You can protect domestic ste…

19 hours ago

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Forbes

Trump’s Steel And Aluminum Tariffs Take Effect Tomorrow—Here’s How They Could Impact Prices

Trump’s 2018 metals tariffs created job growth in the steel industry, but ultimately cost consumers more money as a result of job losses in industries that rely on steel and aluminum, studies have shown.

2 days ago·United States

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vz.lt

Who likes Trump's tariffs? The US steel and aluminum industry seeks revenge

Not all U.S. manufacturers are disappointed with President Donald Trump's tariffs. When it comes to U.S. companies that use steel and aluminum as raw materials in their production, many are currently living in a mood of revanchism and settling scores.

9 hours ago

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