Trump imposes steel, aluminum tariffs on U.S. allies and Europe plans to retaliate

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  President Trump followed through on a threat to impose steep metal tariffs on U.S. allies Thursday, a long-promised decision that could spark retaliatory trade barriers on a host of U.S. products. Commerce Secretary Wilbur Ross said that Canada, Mexico and the European Union would be subject to a 25% tariff on steel and a 10% tariff on aluminum beginning at midnight. Other countries, including Argentina and Brasil, agreed to limit metal exports. The European Union said it would respond quickly.

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