Britain Canada China Donald Trump Electronics Europe European Import Investment London Manufacturing National Security New York Supply Chain Tariff United Kingdom United States Washington
President Donald Trump talks to workers as he tours U.S. Steel Corporation’s Mon Valley Works-Irvin plant, Friday, May 30, 2025, in West Mifflin, Pa. (AP Photo/Julia Demaree Nikhinson) NEW YORK - U.S. President Donald Trump has promised to hike nearly all of his tariffs on foreign steel and aluminum to a punishing 50% on Wednesday, a move that would hammer businesses from automakers to home builders, and likely push up prices for consumers. Foreign-made steel and aluminum is used in household products like soup cans and paper clips as well as big-ticket items like a stainless-steel refrigerators and cars. Economists…
News Timeline:
Track the development of this news story across the Internet.