The United States enacted new 25% tariffs Wednesday on all steel and aluminum imports, ending previous exemptions that had been in place for a number of U.S. allies. The move affects imports from Argentina, Australia, Brazil, Britain, Canada, Japan, Mexico, South Korea and the European Union. “In my judgment, these modifications are necessary to address the significantly increasing share of imports of steel articles and derivative steel articles from these sources, which threaten to impair U.S. national security,” U.S. President Donald Trump said in a proclamation announcing the tariffs. Australian Prime Minister Anthony Albanese called the U.S. action “entirely unjustified,”
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