đ¨BREAKING: TRUMP RAISES STEEL TARIFFS FROM 25% TO 50% â UNCERTAINTY RISING IN GLOBAL MARKETS đď¸đ
Former President Donald Trump has announced a major hike in steel tariffs, doubling them from 25% to 50%, citing the need to protect American industries. While supporters argue it's a patriotic move to strengthen domestic production, economists warn it could escalate global trade tensions, drive up costs, and inject more uncertainty into already fragile markets. Historically, such protectionist measures have triggered retaliations and economic ripple effects worldwide.
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