MICHAUTO

Trump Increases Steel and Aluminum Tariffs, Igniting Economic Concerns

February 12, 2025February 12, 2025 - by Ravi Patel - Leave a Comment

President Trump increases tariffs on steel and aluminum, potentially raising consumer prices and risking job losses in related industries. The tariffs, aimed at revitalizing American manufacturing, have drawn concerns from …

economics

Trump Increases Steel and Aluminum Tariffs, Risking Inflation and Job Losses

February 12, 2025February 12, 2025 - by Maya Chowdhury - Leave a Comment

President Trump has reinstated and raised tariffs on steel and aluminum imports to bolster U.S. industries, impacting prices and possibly leading to job losses in related sectors. Critics highlight the …