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Home»Trending News»US to impose 25% tariffs on metal, aluminium imports on Monday: Trump
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US to impose 25% tariffs on metal, aluminium imports on Monday: Trump

DaneBy DaneFebruary 10, 2025No Comments2 Mins Read
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US to impose 25% tariffs on metal, aluminium imports on Monday: Trump
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WASHINGTON: The USA will transfer to impose 25 per cent tariffs on metal and aluminium imports on Monday (Feb 10), President Donald Trump mentioned on Sunday, the newest in a slew of commerce levies the US chief has introduced.

Trump made the announcement on board Air Drive One en path to attend the Tremendous Bowl American soccer championship recreation in New Orleans, based on a White Home pool report.

Trump has repeatedly expressed his approval of tariffs, wielding them as a method to get different nations to make coverage modifications in step with his priorities.

In his first weeks in workplace, the US chief slapped tariffs on China and ordered them on Mexico and Canada.

He paused the measures in opposition to Canada and Mexico for a month after each nations vowed to step up measures to counter flows of the drug fentanyl and the crossing of undocumented migrants into the US.

The tariffs on China drew retaliatory measures from Beijing, with 15 per cent duties imposed on US coal and liquefied pure gasoline and 10 per cent levies on crude oil, equipment, pickup vehicles and autos reminiscent of sports activities vehicles with large-displacement engines.

He has additionally pledged tariffs on the European Union and mentioned that he would quickly announce unspecified “reciprocal tariffs”.

He has additionally promised tariffs on semiconductors, oil and gasoline.

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