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Trump Doubles Steel And Aluminun

UNITED STATES – U.S. President Donald Trump’s decision to double tariffs on steel and aluminum imports, from 25% to 50%, takes effect this Wednesday, and economists are warning that American consumers will likely feel the impact.

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UNITED STATES – U.S. President Donald Trump’s decision to double tariffs on steel and aluminum imports, from 25% to 50%, takes effect this Wednesday, and economists are warning that American consumers will likely feel the impact.

Experts say manufacturers will pass the added costs down the line, potentially driving up prices across several industries. Cars, for instance, could become $2,000 to $4,000 more expensive, while everyday canned goods like soup or soda may see a modest but notable increase, about a penny more per can.

State officials point to previous tariff hikes that pushed appliance prices up by 5 –10%, well beyond the national inflation rate. They caution that consumers could face a repeat scenario.

Despite the economic concerns, the White House is standing firm on the policy, asserting that the move is designed to protect U.S. producers from foreign competition and strengthen domestic industry.

While the long-term effects remain to be seen, Americans may soon notice the short-term consequences at the car dealership and grocery store alike.

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