World waits for Trump reaction to courts blocking tariffs
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President Trump has a number of options at his disposal to implement tariffs, but none are as broad and aggressive as IEEPA.
President Donald Trump says he's going to double the tariff rate on steel from 25% to 50%, a dramatic increase that could further increase prices.
President Donald Trump on Friday announced during an event at a steel facility in Pennsylvania that tariffs on steel would increase from 25% to 50%.
Trump said he would increase steel import tariffs to 50 percent, a move expected to impact U.S. manufacturers and trade relationships with Canada and China.
President Donald Trump said he's doubling tariffs on foreign steel to 50%, making the announcement during a May 30 visit to a U.S. Steel facility in Pennsylvania.
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President Donald Trump returned to the White House in January determined to overturn decades of American policy and build a tariff wall around a U.S. economy that used to be pretty much wide open to foreign products.
Trump is visiting U.S. Steel after indicating last week that he will clear a controversial merger with Japan’s Nippon. Investors and union members are listening for answers from
President Trump announced Friday he'll double steel tariffs from 25% to 50% during a visit at a U.S. Steel mill in the Pittsburgh area.
The legal confusion over tariffs has buffeted U.S. trading partners around the world, casting doubt on the durability of Trump’s favorite bargaining tool.
U.S. President Donald Trump on Friday said he planned to increase tariffs on foreign imports of steel from 25% to 50%, ratcheting up pressure on global steel producers and vowing to deepen his trade war.
U.S. stocks roared back in May as global trade tensions eased, but tariff-related developments around the month’s end suggest a smooth climb from here may be challenging.