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President Trump has raised tariffs on steel and aluminum imported into the United States. Answer both of...

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General Management

President Trump hasraised tariffs on steel and aluminum imported into the UnitedStates. Answer both of the following:

1) What exporting countries are affected and how large are thetariffs?

2) What are the consequences for US industries and consumers?Note any differences among them in how they are affected.

Answer & Explanation Solved by verified expert
3.6 Ratings (649 Votes)
1 Exported countries are negatively affected by this beacuse the producers in US will prefer domestic steel and aluminium over the imported one as that will be cheaper The worse affected exporter will be    See Answer
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