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    Trade Cases

    Trump Said to Favor 24% Global Tariffs

    Written by Sandy Williams


    President Trump is favoring a 24 percent global tariff on steel imports, according to sources reported by multiple media outlets. Trump’s pick for Section 232 aluminum trade restrictions is a 10 percent tariff on all aluminum imports.

    The rumors are contrary to analysts’ expectations of a more targeted tariff on imports. Broad-based tariffs are likely to be met with retaliation by global trading partners.

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