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%.
While U.S. steel imports account for 23% of the country's consumption, the ratio is much higher at 47% for aluminium, ...
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European commission vows retaliation against US tariffsThe President of the European Commission, Ursula von der Leyen, has announced that the U.S. decision to impose tariffs on ...
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