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Evening Standard
Evening Standard
World
Sami Quadri

Trump announces new steel and aluminium tariffs in blow to global markets

Donald Trump United States aluminium Canada
Donald Trump - (AP)

Donald Trump has announced plans to double tariffs on steel imports from next week, intensifying his trade war and unsettling global markets.

Addressing a rally of steel workers in West Mifflin, Pennsylvania, on Friday, the US president revealed that tariffs would rise from 25% to 50%, claiming the measure "will even further secure the steel industry in the United States."

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