Donald Trump’s tariffs are ‘punitive’ and could cost jobs, warns ex-US ambassador Frank Lavin
- Posted on February 11, 2025
- By Business News Today
- 1 Views
Donald Trump’s tariffs are ‘punitive’ and could cost jobs, warns ex-US ambassador Frank Lavin
US President Donald Trump declared a 25% tariff increase on steel and aluminium imports on Monday, effective without any exceptions or exemptions. The move is intended to support struggling domestic industries, but it carries the risk of triggering a widespread trade conflict.
