Name: US Industries Nervous on Escalating Trade War, Tariffs as 'Retaliation Will Be Painful': Analyst
Uploaded: 2025-03-14T03:56:09.000Z
Description: New U.S. steel and aluminum tariffs took effect on March 12, galvanizing countries around the world amid a swiftly intensifying trade war.

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New U.S. steel and aluminum tariffs took effect on March 12, galvanizing countries around the world amid a swiftly intensifying trade war.

A 25 percent import tax on all steel and aluminum coming into the United States was initially announced by President Donald Trump a month ago, restoring a policy from his first term.

NTD spoke with Jason Sorens, a senior research fellow with the American Institute of Economic Research, for his analysis.

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