Everyone from economists to Federal Reserve bank presidents shivered this week as President Donald Trump formally signed a plan to impose tariffs on steel and aluminum imports against foreign countries that swap goods with the U.S.
The proposal, which places a 25 percent tariff on steel and a 10 percent levy on aluminum, exempts some close U.S. allies such as Mexico and Canada; Trump said Australia might be granted an exemption, as well.
Continue reading Trump’s tariffs rile markets at Movement Mortgage Blog.
from Movement Mortgage Blog http://ift.tt/2IezWMZ
via Naza Finance Blog
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