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European Union Retaliating Against U.S Tariffs
Cheddar News
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10 months ago
President Trump has introduced a 25% tariff on all steel and aluminum imports to boost U.S. manufacturing and create jobs.
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00:00
President Trump has introduced a 25 percent tariff on all steel and aluminum imports to
00:05
boost U.S. manufacturing and create jobs.
00:09
And now, that move has sparked international trade disputes, with the European Union planning
00:15
counteractions valued at around $28 billion.
00:19
Although the tariffs could support domestic steel and aluminum industries, they may also
00:24
raise production costs and hinder investment in manufacturing.
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