Trump to impose heavy tariff on imported iron & steel and aluminum products
2018-03-02 16:42:46 [Print]
According to the report from the People's Daily, Donald Trump, the US president, stahted on 1 March that the government plans to impose tariff on imported iron & steel and aluminum products with rate of 25% and 10% respectively when he met with delegates of iron & steel and aluminum companies in the US
. The details may be announced next week . Trump claimed that iron & steel and aluminum companies in the US have been treated unfairly, so he would try to boost the industries . After this, stock prices of iron & steel and aluminum companies rose accordingly.