via Republicans furious as Trump announces huge new tariffs: ‘A massive tax increase on American families’ – AOL News

Republicans and conservative groups were furious with President Donald Trump’s Thursday announcement to impose new tariffs on steel and aluminum imports.

Trump said the US will impose a tariff, or tax on imports, of 25% for steel and 10% for aluminum. The move is designed to boost domestic production of US metals, but economists, lawmakers, and even many White House officials are worried it could lead to devastating consequences for the US economy.

via Republicans furious as Trump announces huge new tariffs: ‘A massive tax increase on American families’ – AOL News

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