US president says 25% tariffs on steel and aluminium imports to be introduced this week as Chinese tariffs come into effectTrump to announce 25% aluminum and steel tariffs as China’s levies against US come into effectDonald Trump has also jolted investors by suggesting that there may be “a problem” with US government debt.Trump told reporters on Air Force One that administration officials who have been combing through payment records in an effort to identify wasteful spending have found some irregularities while examining data at the US Treasury Department.There could be a problem – you’ve been reading about that, with Treasuries and that could be an interesting problem.”“It could be that a lot of those things don’t count. In other words, that some of that stuff that we’re finding is very fraudulent, therefore maybe we have less debt than we thought.” Continue reading…
Source link : https://www.theguardian.com/us-news/live/2025/feb/10/trump-tariffs-world-braces-for-market-turbulence-after-new-steel-and-aluminium-tariff-announcement
Author : Helen Livingstone and Graeme Wearden (now)
Publish date : 2025-02-10 08:05:18
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Trump tariffs: Gold hits record high as new steel and aluminium tariff announcement rattles markets – live updates
