Trump to Authorize Tariffs This Week

Donald Trump is reportedly set to authorize hefty U.S. tariffs on steel and aluminum imports Thursday this week that could exclude other countries besides Canada and Mexico. The tariffs would be 25 percent on steel and 10 percent on aluminum to counter cheap imports, especially from China. A source from the White House says Trump is expected to sign a presidential proclamation establishing the tariffs during a ceremony scheduled for 3:30 p.m. It has not been established whether the proclamation will list countries exempted from the tariffs.

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