Schrijf je in voor onze dagelijkse nieuwsbrief om al het laatste nieuws direct per e-mail te ontvangen!

Inschrijven Ik ben al ingeschreven

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

From furniture to air conditioners: Trump’s tariffs tighten their grip

The Trump administration has expanded its steel and aluminium tariffs to include everyday products such as air conditioners, office furniture, kitchenware, knives, and generators, according to a notice from the US Commerce Department. The new measures, which also cover motorcycles, bulldozers, and rail cars, took effect just two days after their announcement, leaving importers little time to adjust supply chains.

© Walter Arce | Dreamstime

Initially set at 25%, tariffs on metals were raised to 50% in June, straining trade relations with key partners including Canada and Mexico. Trade expert Eric Johnson said the latest actions are "about making the job of importing insanely difficult, if not downright impossible."

The administration is also considering additional tariffs on computer chips, though companies investing in US manufacturing may receive exemptions. Meanwhile, tensions with India are rising as Treasury Secretary Scott Bessent criticised New Delhi for "profiteering" by reselling discounted Russian oil, which Washington argues undermines its Ukraine strategy.

These moves signal the administration's continued push for economic leverage in global trade, with significant implications for consumers, manufacturers, and international partners.

Source: www.qz.com

Publication date:

Related Articles → See More