DSIJ Mindshare

US tariffs: Saving local industries and jobs

Prakash Patil 0 1182 Article rating: 5.0

The recent imposition of heavy tariffs by the US President Donald Trump on imported steel and aluminium is likely to trigger a global trade war if countries affected by these tariffs retaliate by imposing similar tariffs on US goods. The justification offered by Trump for imposing the tariffs was that these were necessary to boost the US industries which were ostensibly suffering from “unfair” business practices of other countries.

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