Africa in BusinessAfrica in Business

Trump has doubled tariffs on steel and aluminium imports from 25% to 50%

View descriptionShare

US President Donald Trump has signed an order doubling tariffs on steel and aluminium imports from 25% to 50%. Trump says the hike, which came into effect on Wednesday, is intended to secure the future of the American steel industry. There are concerns that the tariff increase could wreak havoc on steel producers outside the US- this as South Africa's Steel producer ArcelorMittal scrambles to keep its doors open. Nhlanhla Mahlangu spoke to Trade Analyst, Viwe Ntshongwana.

  • Facebook
  • X (Twitter)
  • WhatsApp
  • Email
  • Download

In 1 playlist(s)

Africa in Business

In-depth financial issues, profiling of African businesses doing well internationally, stocks & mark 
Social links
Recent clips
Browse 3,452 clip(s)