In a move with significant global economic implications, former President Donald Trump announced plans to impose a 25% tariff on steel and aluminum imports. This declaration is expected to impact various international trade relations, particularly affecting countries that are major exporters of these metals to the United States. The tariffs aim to boost domestic production, but critics argue they may increase costs for U.S. manufacturers and consumers. This action reflects Trump's protectionist trade policies, stirring debates about government intervention in free markets.
