Trump Says He Will Raise Tariffs on Imported Steel to 50%
According to a report by Jinse Finance, U.S. President Trump stated on the 30th local time that he will increase the tariff on imported steel from 25% to 50%. On February 10th, Trump signed an executive order announcing a 25% tariff on all steel and aluminum imported into the United States. On March 12th local time, Trump's measure to impose a 25% tariff on all steel and aluminum imported into the United States officially took effect.
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