Trump's tariffs on steel and aluminum could raise these prices
In the aftermath of steel and aluminum tariffs during Trump's first term, major appliances showed price increases of between 5% and 10% between June 2018 and April 2019, Miller added, citing a monthly government data release. Those price hikes far outpaced an overall inflation rate of around 2%.
Wisconsin braces for impact of steel and aluminum tariffs
Trump set a 25% tariff, essentially a tax, on any steel and aluminum coming into the United States. As a result, consumers could expect to pay more for a wide range of products, from appliances and automobiles to canned beverages and sporting goods.
1don MSN
President Donald Trump is preparing to formally announce 25% tariffs on steel and aluminum imports. It's part of an ...
The European Union said it would respond with "firm and proportionate countermeasures" after U.S. President Donald Trump's ...
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