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U.S. steel and aluminum tariffs could draw swift retaliation

In announcing the tariffs today, President Trump said they are necessary for national security.

With the president’s announcement of new aluminum and steel tariffs, the question is whether the U.S. is declaring a trade war. To be sure, we’re still waiting for the specifics, but it’s reported the president does not want to exempt any country – whether they’re an ally or not. So how might they respond or retaliate? We’ve learned from past history that a whole lot of U.S. sectors could very well be in the cross-hairs.

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