President Donald Trump is reportedly planning to impose tariffs on steel and aluminum imported from the European Union (EU), Canada and Mexico after failing to win concessions from his trade allies ahead of a Jun 1 deadline. An announcement is expected on Thursday, with the tariffs coming to effect as early as Friday.
Understandably, the move could lead to retaliatory measures resulting in a global trade war.Will Trump's Resolve Finally Help US Steel, Aluminum Makers?
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