Part 1/5:
President Trump's Tariff Policies: An Overview
The recent implementation of President Trump's tariffs on steel and aluminum has significantly impacted trade relations with neighboring Canada and Mexico. This article delves into the latest developments regarding these tariffs and the ongoing discussions among key leaders.
The 25% Tariff on Steel and Aluminum
As of now, President Trump has instituted a 25% tariff on all steel and aluminum imports, asserting a need to protect American industries. However, he has reversed a previously proposed 50% tariff on Canada, indicating a more nuanced approach to trade negotiations with America's northern neighbor.