Nonilex<p>…Foreign govts have bristled at the idea that their <a href="https://masto.ai/tags/steel" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>steel</span></a> exports are a <a href="https://masto.ai/tags/NationalSecurity" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NationalSecurity</span></a> threat to the <a href="https://masto.ai/tags/US" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>US</span></a>, in part because American <a href="https://masto.ai/tags/demand" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>demand</span></a> for the <a href="https://masto.ai/tags/metals" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>metals</span></a> far exceeds the country’s current ability to produce them.</p><p>The US imports very little steel directly from <a href="https://masto.ai/tags/China" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>China</span></a> because of the <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> that were previously in place. But the US steel industry argues that China’s massive steel production pushes down the price of <a href="https://masto.ai/tags/metal" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>metal</span></a> globally, making it harder for US mills to compete.</p><p><a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a></p>
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#tariffs
357 posts · 135 participants · 12 posts today
Nonilex<p>…Economists have pointed out that <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> on factory inputs such as <a href="https://masto.ai/tags/metals" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>metals</span></a> risk slowing <a href="https://masto.ai/tags/US" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>US</span></a> <a href="https://masto.ai/tags/manufacturing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>manufacturing</span></a>, since they raise <a href="https://masto.ai/tags/prices" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>prices</span></a> for factories.…</p><p>An analysis published by the US <a href="https://masto.ai/tags/InternationalTrade" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>InternationalTrade</span></a> Commission, an independent, bipartisan govt agency, suggested that while the steel & <a href="https://masto.ai/tags/aluminum" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>aluminum</span></a> tariffs levied in <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a>’s 1st term helped American steel & aluminum producers, they hurt the broader <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> by raising prices for many other industries….</p><p><a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>inflation</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a></p>
Nonilex<p>…Companies that use <a href="https://masto.ai/tags/steel" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>steel</span></a> & <a href="https://masto.ai/tags/aluminum" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>aluminum</span></a> to make their products criticized the <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a>, saying they would add <a href="https://masto.ai/tags/costs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>costs</span></a> for American <a href="https://masto.ai/tags/consumers" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>consumers</span></a>.</p><p>Robert Budway, the president of the Can Manufacturers Institute, said doubling the steel tariff would further increase the cost of canned goods at the <a href="https://masto.ai/tags/grocery" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>grocery</span></a> store.</p><p>“This cost is levied upon millions of American families relying on canned <a href="https://masto.ai/tags/foods" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>foods</span></a> picked & packed by US <a href="https://masto.ai/tags/farmers" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>farmers</span></a> & can makers,” he said.</p><p><a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>inflation</span></a> <a href="https://masto.ai/tags/food" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>food</span></a> <a href="https://masto.ai/tags/prices" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>prices</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a> <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a></p>
Nonilex<p>They were announced during <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a>’s visit to a <a href="https://masto.ai/tags/US" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>US</span></a> <a href="https://masto.ai/tags/Steel" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Steel</span></a> mill last week, & appear to be aimed at currying favor w/ <a href="https://masto.ai/tags/steelworkers" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>steelworkers</span></a> & the steel industry, including those in swing states like <a href="https://masto.ai/tags/Pennsylvania" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Pennsylvania</span></a>, where <a href="https://masto.ai/tags/USSteel" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USSteel</span></a> is based.<br>The higher <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> have already rankled close <a href="https://masto.ai/tags/allies" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>allies</span></a> that sell <a href="https://masto.ai/tags/metal" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>metal</span></a> to the <a href="https://masto.ai/tags/US" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>US</span></a>, including <a href="https://masto.ai/tags/Canada" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Canada</span></a> & <a href="https://masto.ai/tags/Europe" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Europe</span></a>. They also sent alarms to <a href="https://masto.ai/tags/automakers" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>automakers</span></a>, <a href="https://masto.ai/tags/plane" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>plane</span></a> <a href="https://masto.ai/tags/manufacturers" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>manufacturers</span></a>, <a href="https://masto.ai/tags/HomeBuilders" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>HomeBuilders</span></a>, <a href="https://masto.ai/tags/oil" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>oil</span></a> drillers & others that rely on buying metals.</p><p><a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>inflation</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a></p>
Nonilex<p><a href="https://masto.ai/tags/US" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>US</span></a> <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> on <a href="https://masto.ai/tags/steel" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>steel</span></a> & <a href="https://masto.ai/tags/aluminum" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>aluminum</span></a> imports doubled on Wednesday, as <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> continued to ratchet up levies on foreign <a href="https://masto.ai/tags/metals" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>metals</span></a> that he claims will help revitalize American steel mills & aluminum smelters.</p><p>The White House called the increased tariffs, which rose to 50% from 25% just after midnight Eastern time, a matter of addressing “<a href="https://masto.ai/tags/trade" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trade</span></a> practices that undermine <a href="https://masto.ai/tags/NationalSecurity" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NationalSecurity</span></a>.” [his excuse for everything]</p><p><a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>inflation</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a> <a href="https://masto.ai/tags/trumpcession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trumpcession</span></a> <a href="https://masto.ai/tags/idiocracy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>idiocracy</span></a> <br><a href="https://www.nytimes.com/2025/06/04/business/economy/trump-tariffs-steel-aluminum.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=p&pvid=1A67FB7E-1544-410B-B020-60747CB53377" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">nytimes.com/2025/06/04/busines</span><span class="invisible">s/economy/trump-tariffs-steel-aluminum.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=p&pvid=1A67FB7E-1544-410B-B020-60747CB53377</span></a></p>
Europe Says<p><a href="https://www.europesays.com/2133856/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="">europesays.com/2133856/</span><span class="invisible"></span></a> Trump trade war will hurt America far more than anyone else <a href="https://pubeurope.com/tags/business" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>business</span></a> <a href="https://pubeurope.com/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://pubeurope.com/tags/TradeWar" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TradeWar</span></a></p>
Europe Says<p><a href="https://www.europesays.com/2133854/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="">europesays.com/2133854/</span><span class="invisible"></span></a> UK temporarily spared from Donald Trump’s 50% metal tariffs <a href="https://pubeurope.com/tags/business" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>business</span></a> <a href="https://pubeurope.com/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://pubeurope.com/tags/TradeWar" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TradeWar</span></a></p>
Politico.eu (Unofficial RSS)Was Merz bei Trump rausholen kann <a href="https://www.politico.eu/podcast/berlin-playbook-podcast/was-merz-bei-trump-rausholen-kann/?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication" rel="nofollow noopener noreferrer" target="_blank">https://www.politico.eu/podcast/berlin-playbook-podcast/was-merz-bei-trump-rausholen-kann/?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication</a> <a class="hashtag" href="https://social.espeweb.net/tag/germanpolitics" rel="nofollow noopener noreferrer" target="_blank">#Germanpolitics</a> <a class="hashtag" href="https://social.espeweb.net/tag/foreignpolicy" rel="nofollow noopener noreferrer" target="_blank">#Foreignpolicy</a> <a class="hashtag" href="https://social.espeweb.net/tag/u" rel="nofollow noopener noreferrer" target="_blank">#U</a>.S.politics <a class="hashtag" href="https://social.espeweb.net/tag/warinukraine" rel="nofollow noopener noreferrer" target="_blank">#WarinUkraine</a> <a class="hashtag" href="https://social.espeweb.net/tag/derpodcast" rel="nofollow noopener noreferrer" target="_blank">#DerPodcast</a> <a class="hashtag" href="https://social.espeweb.net/tag/diplomacy" rel="nofollow noopener noreferrer" target="_blank">#Diplomacy</a> <a class="hashtag" href="https://social.espeweb.net/tag/playbook" rel="nofollow noopener noreferrer" target="_blank">#Playbook</a> <a class="hashtag" href="https://social.espeweb.net/tag/politics" rel="nofollow noopener noreferrer" target="_blank">#Politics</a> <a class="hashtag" href="https://social.espeweb.net/tag/tariffs" rel="nofollow noopener noreferrer" target="_blank">#Tariffs</a> <a class="hashtag" href="https://social.espeweb.net/tag/trade" rel="nofollow noopener noreferrer" target="_blank">#Trade</a>
Alo Japan<p><a href="https://www.alojapan.com/1289737/uncertainties-over-trump-tariffs-extremely-strong-boj-chief-says/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">alojapan.com/1289737/uncertain</span><span class="invisible">ties-over-trump-tariffs-extremely-strong-boj-chief-says/</span></a> Uncertainties over Trump tariffs extremely strong, BOJ chief says <a href="https://channels.im/tags/boj" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>boj</span></a> <a href="https://channels.im/tags/Japan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Japan</span></a> <a href="https://channels.im/tags/JapanNews" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>JapanNews</span></a> <a href="https://channels.im/tags/JapaneseEconomy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>JapaneseEconomy</span></a> <a href="https://channels.im/tags/KazuoUeda" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>KazuoUeda</span></a> <a href="https://channels.im/tags/news" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>news</span></a> <a href="https://channels.im/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://channels.im/tags/u" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>u</span></a>.s. Bank of Japan Gov. Kazuo Ueda said Tuesday that uncertainties over high tariffs imposed by the administration of U.S. President Donald Trump remain extremely strong. Business and household sentiments “have deteriorated recently,” Ueda said at an event hosted by the Research Institute of Japan, a Jiji Press…</p>
Rich Stein (he/him)<p>Well... we're really winning this one.* 😕<br><a href="https://www.bbc.com/news/articles/cj3j7z73yv2o" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">bbc.com/news/articles/cj3j7z73</span><span class="invisible">yv2o</span></a><br>*The <a href="https://mastodon.social/tags/RaceToTheBottom" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>RaceToTheBottom</span></a><br><a href="https://mastodon.social/tags/SoMuchWinning" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SoMuchWinning</span></a> <a href="https://mastodon.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://mastodon.social/tags/TradeWar" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TradeWar</span></a> <a href="https://mastodon.social/tags/TradeWars" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TradeWars</span></a> <a href="https://mastodon.social/tags/USpol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USpol</span></a> <a href="https://mastodon.social/tags/USpolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USpolitics</span></a> <a href="https://mastodon.social/tags/geopolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>geopolitics</span></a></p>
Europe Says<p><a href="https://www.europesays.com/2133476/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="">europesays.com/2133476/</span><span class="invisible"></span></a> Trade war cuts global economic growth outlook: OECD <a href="https://pubeurope.com/tags/Annual" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Annual</span></a> <a href="https://pubeurope.com/tags/blitz" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>blitz</span></a> <a href="https://pubeurope.com/tags/business" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>business</span></a> <a href="https://pubeurope.com/tags/cuts" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>cuts</span></a> <a href="https://pubeurope.com/tags/Donald" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Donald</span></a> <a href="https://pubeurope.com/tags/economic" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economic</span></a> <a href="https://pubeurope.com/tags/Economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economy</span></a> <a href="https://pubeurope.com/tags/especially" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>especially</span></a> <a href="https://pubeurope.com/tags/forecast" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>forecast</span></a> <a href="https://pubeurope.com/tags/global" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>global</span></a> <a href="https://pubeurope.com/tags/growth" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>growth</span></a> <a href="https://pubeurope.com/tags/hard" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>hard</span></a> <a href="https://pubeurope.com/tags/hitting" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>hitting</span></a> <a href="https://pubeurope.com/tags/oecd" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>oecd</span></a> <a href="https://pubeurope.com/tags/outlook" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>outlook</span></a> <a href="https://pubeurope.com/tags/president" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>president</span></a> <a href="https://pubeurope.com/tags/slashed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>slashed</span></a> <a href="https://pubeurope.com/tags/States" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>States</span></a> <a href="https://pubeurope.com/tags/stifle" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>stifle</span></a> <a href="https://pubeurope.com/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://pubeurope.com/tags/that" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>that</span></a> <a href="https://pubeurope.com/tags/trade" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trade</span></a> <a href="https://pubeurope.com/tags/TradeWar" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TradeWar</span></a> <a href="https://pubeurope.com/tags/Trumps" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trumps</span></a> <a href="https://pubeurope.com/tags/Tuesday" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Tuesday</span></a> <a href="https://pubeurope.com/tags/United" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>United</span></a> <a href="https://pubeurope.com/tags/war" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>war</span></a> <a href="https://pubeurope.com/tags/warning" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>warning</span></a> <a href="https://pubeurope.com/tags/world" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>world</span></a> <a href="https://pubeurope.com/tags/would" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>would</span></a></p>
Europe Says<p><a href="https://www.europesays.com/2133474/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="">europesays.com/2133474/</span><span class="invisible"></span></a> Trump promises to hike steel and aluminum tariffs to 50% starting Wednesday. Here’s what we know <a href="https://pubeurope.com/tags/business" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>business</span></a> <a href="https://pubeurope.com/tags/cars" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>cars</span></a> <a href="https://pubeurope.com/tags/DavidMcCall" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DavidMcCall</span></a> <a href="https://pubeurope.com/tags/DonaldTrump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DonaldTrump</span></a> <a href="https://pubeurope.com/tags/GeneralNews" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GeneralNews</span></a> <a href="https://pubeurope.com/tags/Inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Inflation</span></a> <a href="https://pubeurope.com/tags/InternationalTrade" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>InternationalTrade</span></a> <a href="https://pubeurope.com/tags/MattMeenan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MattMeenan</span></a> <a href="https://pubeurope.com/tags/MetalsAndMining" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MetalsAndMining</span></a> <a href="https://pubeurope.com/tags/PAStateWire" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PAStateWire</span></a> <a href="https://pubeurope.com/tags/Pennsylvania" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Pennsylvania</span></a> <a href="https://pubeurope.com/tags/pittsburgh" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>pittsburgh</span></a> <a href="https://pubeurope.com/tags/Politics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Politics</span></a> <a href="https://pubeurope.com/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://pubeurope.com/tags/TariffsAndGlobalTrade" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TariffsAndGlobalTrade</span></a> <a href="https://pubeurope.com/tags/TradeWar" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TradeWar</span></a> <a href="https://pubeurope.com/tags/U" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>U</span></a>.S.News <a href="https://pubeurope.com/tags/UnitedKingdom" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>UnitedKingdom</span></a> <a href="https://pubeurope.com/tags/UnitedKingdomGovernment" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>UnitedKingdomGovernment</span></a></p>
Flipboard News Desk<p>Here we go again... U.S. President Donald Trump says he will hike steel and aluminum tariffs to 50% starting June 4. Imports of both have been taxed at 25% since March 12. "Foreign-made steel and aluminum is used in household products like soup cans and paper clips as well as big-ticket items like a stainless-steel refrigerators and cars. Economists warn that the latest tariffs will significantly squeeze the wallets of both companies and shoppers alike," says <span class="h-card" translate="no"><a href="https://flipboard.com/@AssociatedPress" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>AssociatedPress</span></a></span>.</p><p><a href="https://flip.it/LHza4P" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="">flip.it/LHza4P</span><span class="invisible"></span></a></p><p><a href="https://flipboard.social/tags/PresidentTrump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PresidentTrump</span></a> <a href="https://flipboard.social/tags/TrumpAdministration" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TrumpAdministration</span></a> <a href="https://flipboard.social/tags/USPolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USPolitics</span></a> <a href="https://flipboard.social/tags/Tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Tariffs</span></a> <a href="https://flipboard.social/tags/Steel" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Steel</span></a> <a href="https://flipboard.social/tags/Aluminum" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Aluminum</span></a></p>
UK<p><a href="https://www.europesays.com/uk/155794/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="">europesays.com/uk/155794/</span><span class="invisible"></span></a> Tariffs Threaten Price Stability and Employment <a href="https://pubeurope.com/tags/Business" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Business</span></a> <a href="https://pubeurope.com/tags/Economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economy</span></a> <a href="https://pubeurope.com/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FederalReserve</span></a> <a href="https://pubeurope.com/tags/Inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Inflation</span></a> <a href="https://pubeurope.com/tags/jobs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>jobs</span></a> <a href="https://pubeurope.com/tags/News" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>News</span></a> <a href="https://pubeurope.com/tags/PYMNTSNews" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PYMNTSNews</span></a> <a href="https://pubeurope.com/tags/Tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Tariffs</span></a> <a href="https://pubeurope.com/tags/Taxes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Taxes</span></a> <a href="https://pubeurope.com/tags/UK" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>UK</span></a> <a href="https://pubeurope.com/tags/UnitedKingdom" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>UnitedKingdom</span></a> <a href="https://pubeurope.com/tags/What" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>What</span></a>'sHot</p>
Europe Says<p><a href="https://www.europesays.com/2133085/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="">europesays.com/2133085/</span><span class="invisible"></span></a> Forexlive Americas FX news wrap: US dollar firms as the trade war ebbs <a href="https://pubeurope.com/tags/business" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>business</span></a> <a href="https://pubeurope.com/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://pubeurope.com/tags/TradeWar" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TradeWar</span></a></p>
Europe Says<p><a href="https://www.europesays.com/2133083/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="">europesays.com/2133083/</span><span class="invisible"></span></a> Donald Trump orders 50% steel and aluminium tariffs to begin on June 4 <a href="https://pubeurope.com/tags/business" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>business</span></a> <a href="https://pubeurope.com/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://pubeurope.com/tags/TradeWar" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TradeWar</span></a></p>
Europe Says<p><a href="https://www.europesays.com/2133075/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="">europesays.com/2133075/</span><span class="invisible"></span></a> Tariffs Threaten Price Stability and Employment <a href="https://pubeurope.com/tags/business" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>business</span></a> <a href="https://pubeurope.com/tags/Economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economy</span></a> <a href="https://pubeurope.com/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FederalReserve</span></a> <a href="https://pubeurope.com/tags/Inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Inflation</span></a> <a href="https://pubeurope.com/tags/jobs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>jobs</span></a> <a href="https://pubeurope.com/tags/News" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>News</span></a> <a href="https://pubeurope.com/tags/PYMNTSNews" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PYMNTSNews</span></a> <a href="https://pubeurope.com/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://pubeurope.com/tags/taxes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>taxes</span></a> <a href="https://pubeurope.com/tags/What" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>What</span></a>'sHot</p>
The Japan Times<p>South Korea elected Lee Jae-myung as the country’s new president Tuesday, with the liberal-leaning Democratic Party candidate riding a wave of unease about the economy and political instability to victory. <a href="https://www.japantimes.co.jp/news/2025/06/04/asia-pacific/politics/south-korea-election-lee-jae-myung/?utm_medium=Social&utm_source=mastodon" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">japantimes.co.jp/news/2025/06/</span><span class="invisible">04/asia-pacific/politics/south-korea-election-lee-jae-myung/?utm_medium=Social&utm_source=mastodon</span></a> <a href="https://mastodon.social/tags/asiapacific" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>asiapacific</span></a> <a href="https://mastodon.social/tags/politics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>politics</span></a> <a href="https://mastodon.social/tags/southkorea" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>southkorea</span></a> <a href="https://mastodon.social/tags/leejaemyung" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>leejaemyung</span></a> <a href="https://mastodon.social/tags/southkoreajapanrelations" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>southkoreajapanrelations</span></a> <a href="https://mastodon.social/tags/us" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>us</span></a> <a href="https://mastodon.social/tags/northkorea" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>northkorea</span></a> <a href="https://mastodon.social/tags/donaldtrump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>donaldtrump</span></a> <a href="https://mastodon.social/tags/trade" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trade</span></a> <a href="https://mastodon.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://mastodon.social/tags/yoonsukyeol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>yoonsukyeol</span></a></p>
The Japan Times<p>The OECD slashed its annual global growth forecast on Tuesday, warning that U.S. President Donald Trump's tariffs blitz would stifle the world economy — hitting the United States especially hard. <a href="https://www.japantimes.co.jp/business/2025/06/03/economy/oecd-growth-forecast-slash/?utm_medium=Social&utm_source=mastodon" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">japantimes.co.jp/business/2025</span><span class="invisible">/06/03/economy/oecd-growth-forecast-slash/?utm_medium=Social&utm_source=mastodon</span></a> <a href="https://mastodon.social/tags/business" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>business</span></a> <a href="https://mastodon.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://mastodon.social/tags/globaleconomy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>globaleconomy</span></a> <a href="https://mastodon.social/tags/oecd" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>oecd</span></a> <a href="https://mastodon.social/tags/donaldtrump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>donaldtrump</span></a> <a href="https://mastodon.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a></p>
Ren Cicalese, III<p>US <a href="https://mastodon.social/tags/manufacturing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>manufacturing</span></a> keeps taking lumps. The <a href="https://mastodon.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> are hurting production across the US as imported materials are slow to arrive and more costly. Not a good recipe for success. Read more: <a href="https://www.reuters.com/world/us/us-manufacturing-remains-subdued-may-delivery-times-lengthening-2025-06-02/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">reuters.com/world/us/us-manufa</span><span class="invisible">cturing-remains-subdued-may-delivery-times-lengthening-2025-06-02/</span></a> <br><a href="https://mastodon.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://mastodon.social/tags/business" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>business</span></a></p>
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