Unsurprisingly, following the Department of Commerce recommendations [1], US President Donald Trump announced tariffs on Steel and Aluminium imports. Here are a few excerpts from the Department of Commerce Reports [1][2][3] and Department of Trade Report [4], “Key Findings of the Steel Report: • The United States is the world’s largest importer of steel. Our … Continue reading The economics behind the 25% tariff on Steel imports and 10% tariff on Aluminium imports to the US