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Snapshot 2:Wed, Jun 4, 2025 8:54:26 AM GMT last edited by Mr Bot

US Doubles Steel, Aluminum Tariffs to 50% Amid Trade War

US steelDoubles andSteel, aluminiumAluminum tariffsTariffs doubled to 50% Amid Trade War

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The Spin

Doubling steel tariffs will devastate manufacturing jobs and raise costs for consumers across multiple industries. For every steel job saved, dozens are lost in sectors like automotive and construction that depend on affordable metals. This protectionist approach hurts the broader economy while benefiting a few steel barons.


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