Washington, D.C., August 21, 2025 — In a sweeping escalation of protectionist trade policy, President Donald Trump’s administration has announced a 50% tariff on steel and aluminum content across 407 additional product categories, ranging from wind turbines and railcars to EV parts, appliances, and furniture. Officials defended the measure as a “necessary intervention” to close [...]
U.S. tariffs on steel and aluminum imports trigger global ripple effects
