Tariffs Update: Latest News as the World Reacts
After President Donald Trump said the U.S. plans to impose 25 percent tariffs on steel imports and 10 percent on aluminum, the shock waves are being felt around the world. Asia’s up in arms, the European Union and Canada are pushing back, and there are plenty of forecasts that U.S. consumers are set to pay a whole bunch more for all sorts of purchases. Think beer cans to autos.
Evercore ISI's Hyman Sees Prospects of a Trade War as 'Really Scary'
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After President Donald Trump said the U.S. plans to impose 25 percent tariffs on steel imports and 10 percent on aluminum, the shock waves are being felt around the world. Asia’s up in arms, the European Union and Canada are pushing back, and there are plenty of forecasts that U.S. consumers are set to pay a whole bunch more for all sorts of purchases. Think beer cans to autos.
European Union Nations Exposed to Steel Tariffs: Map