Trump imposes steel and aluminum tariffs on the E.U., Canada and Mexico

The following article by David J. Lynch, Josh Dawsey and Damian Paletta was posted on the Washington Post website May 31, 2018:

Trump’s announcement of a 25 percent tariff on steel imports could greatly affect products that you may not know depend on it, like Reddi-wip. (Jhaan Elker/The Washington Post)

President Trump on Thursday imposed tariffs on imported steel and aluminum from the European Union, Canada and Mexico, triggering immediate retaliation from U.S. allies and protests fromAmerican businesses and farmers.

The tariffs — 25 percent on steel and 10 percent on aluminum — take effect at midnight Thursday, marking a major escalation of the trade war between the United States and its top trading partners. Continue reading “Trump imposes steel and aluminum tariffs on the E.U., Canada and Mexico”