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Donald Trump's 25% tariffs on steel and aluminum imports take effect: Impact on India

IndiaTimes Wednesday, 12 March 2025 ()
Trump's 25% tariff on steel and aluminum imports, effective Wednesday, aims to boost US factory jobs despite market concerns. Exemptions are removed, and aluminum tariffs increased to 10%. These measures may challenge Indian steel manufacturers and prompt international trade disputes, while US domestic steel producers may benefit from higher prices and market access.
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Video Credit: Rumble - Published
News video: Tariffs Causing Global Chaos and Market Downturn

Tariffs Causing Global Chaos and Market Downturn

Recent reports indicate escalating trade tensions between the United States, Canada, and the European Union, primarily stemming from the U.S. imposing a 25% tariff on steel and aluminum imports. In response, Canada has announced substantial retaliatory tariffs on American goods, with the EU also...

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