President Donald Trump’s senior counselor for trade and manufacturing, Peter Navarro, recently suggested that the administration is contemplating increasing tariffs on aluminum and steel imports. Navarro highlighted the impact of the existing steel and aluminum tariffs in bolstering investment and strengthening the domestic steel industry during the previous administration.
Navarro expressed concerns about the perceived weakening of these tariffs under the current administration, stating that a reassessment is necessary. He emphasized the importance of evaluating the effectiveness of these trade measures.
