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Following the decision to place tariffs on steel and aluminum imports, Trump signed a new proclamation that will grant an exclusion from its quotas.
The Trump administration’s new aluminum tariffs would cost the country millions of job losses as various industries feel the impact on their operations.
Despite the spending of consumers seemingly slowing down, their confidence is on the uptick.
Japan has notified World Trade Organization about countervailing duties and its plans of taking them up against the US in response to import tariff hikes.