Why did Tesla shares plunge recently?
How are Trump tariffs impacting global trade?
What caused Procter & Gamble's recent job cuts?
Why is the Trump-Musk feud affecting markets?
How is Circle's IPO influencing crypto markets?
Why did ECB cut interest rates again?
What is behind Lululemon's profit forecast downgrade?
U.S. doubles steel and aluminum tariffs as Japan counts on a breakthrough
japantimes.co.jp/business/2025/06/04/economy/50-percent-steel-aluminum-tariffs
The United States on Wednesday doubled tariffs on steel and aluminum to 50% as it continued intense negotiations with Japan, which is hoping to reach a trade deal within a couple of weeks.
The higher rates imposed Wednesday will support American industry, U.S. President Donald Trump said…
This story appeared on japantimes.co.jp, 2025-06-04 08:40:00.