Trump tariffs on steel and aluminum take effect
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Alaska Airlines is canceling more than a dozen flights a day as tariffs hinder its ability to accept delivery of new aircraft, according to the carrier.
The rise in US steel and aluminium tariffs to 50% is the second time since March that Donald Trump has taken action to protect production of the metals in the US.
Tonic maker Fevertree Drinks said on Thursday it would equally split costs of the 10% tariff to be imposed on the UK imports to the U.S. with brewer Molson Coors , as part of their recent tie-up to mitigate the short-term impact.
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Tariffs also are expected to increase mortgage rates and homeowners insurance premiums. Add Trump’s proposed deportations to the mix, and resulting labor shortages will mean fewer new homes being built and lower housing availability overall, which leads to higher costs.
How Dynamic Risk Management Can Turn Chaos Into Opportunity. Forrester. The recent introduction of US-imposed tariffs has shaken global trade. While economists and
As U.S. President Donald Trump formally signed an order doubling tariffs on imported steel and aluminum to 50%, Canada—the largest supplier of these metals to the U.S.—remains significantly impacted.
WASHINGTON (AP) — President Donald Trump’s sweeping tariff plan would cut deficits by $2.8 trillion over a 10-year period while shrinking the economy, raising the inflation rate and reducing the purchasing power of households overall, according to an analysis released Wednesday by the Congressional Budget Office.