President Trump plans to impose a 25% tariff on all imported steel and aluminum, starting Wednesday. The move could help domestic steel and aluminum makers but raise prices for everyone else.
President Trump is set to impose 25% tariffs on imported steel and aluminum starting Wednesday, a move that could benefit domestic manufacturers but increase prices for consumers. Similar tariffs during his first term failed to boost domestic manufacturers as promised, raised prices for companies using steel, and led to retaliatory tariffs from other countries.
