US President Donald Trump has revealed plans to impose a 25% tariff on all steel and aluminum imports into the United States, a move aimed at boosting domestic manufacturing and protecting U.S. industries.
The new tariffs are expected to impact global trade, particularly with major exporters like China, the European Union, and Canada. Critics argue that the tariffs could lead to higher prices for consumers and strain international relations, while supporters believe the move will strengthen U.S. economic security and create jobs in the steel and aluminum sectors.