Trump Tariffs Live Updates: EU Says It Is Readying Countermeasures Against 25% Steel And Aluminum Tariffs

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Trump Tariffs Live Updates: EU Says It Is Readying Countermeasures Against 25% Steel And Aluminum Tariffs

//business-finance.news-articles.net/content/202 .. sures-against-25-steel-and-aluminum-tariffs.html

Published in Business and Finance on Tuesday, February 11th 2025 at 18:00 GMT by Forbes
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

President Donald Trump signed an order Monday imposing global tariffs of 25% on all steel and aluminum imports in a move that will likely please domestic steelmakers but hurt allies like Canada and Mexico.

The article from Forbes, published on February 10, 2025, discusses former President Donald Trump's decision to impose a 25% tariff on steel and aluminum imports. This move, aimed at protecting American industries, has sparked a range of reactions. Critics argue that these tariffs could lead to higher prices for consumers, potential trade wars, and retaliation from other countries. Supporters, however, believe it will bolster domestic production, create jobs, and reduce reliance on foreign steel and aluminum. The article provides live updates on the economic implications, reactions from industry leaders, and potential impacts on global trade relations.

Read the Full Forbes Article at:
[ https://www.forbes.com/sites/alisondurkee/2025/02/10/trump-tariffs-live-updates-trump-approves-25-steel-and-aluminum-tariffs/ ]

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