Trump Signs 25% Tariffs on Steel & Aluminum Imports, Sparking Global Trade Reactions and Retaliation
Video Credit: Oneindia - Duration: 37:00s - Published
Trump Signs 25% Tariffs on Steel & Aluminum Imports, Sparking Global Trade Reactions and Retaliation
President Trump signed an executive order on February 10, 2025, imposing a 25% tariff on all steel and aluminum imports to the U.S., effective March 12.
This bold move is part of his administration's effort to strengthen American industries and counter unfair trade practices.
Additional tariffs on pharmaceuticals, computer chips, and cars are also being considered.
The decision has sparked immediate backlash from the EU, Canada, and other trading partners, with threats of retaliatory measures.
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