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Freedonia Group Analyst Weighs In on the Impact of New Tariffs on Steel and Aluminum

March 13, 2018

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CLEVELAND, March 13, 2018 /PRNewswire/ — Two months after placing tariffs on imported washing machines and solar panels, President Trump imposed tariffs on steel and aluminum imports last week. The tariffs will increase the cost of imported steel and aluminum by 25% and 10%, respectively. While this advances President Trump’s America First agenda, a number of US trading partners are seeking exemptions or planning retaliatory tariffs, and the overall impact on the American economy is uncertain.

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