U.S. President Donald Trump announced that there are no plans to reduce tariffs on steel and aluminum imports. The decision comes amid escalating tensions in international trade as the U.S. continues to impose various levies on its trading partners.
These tariffs have been in place since January, affecting global financial markets and causing concern over potential trade conflicts. The continued imposition of these tariffs signals a firm stance by the U.S. administration, potentially impacting global trading relationships and economic strategies.
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