Trump Doubles Steel and Aluminum Tariffs: Brazil Among Nations Hit Hard

President Donald Trump's surprise decision to double tariffs on steel and aluminum imports from 25% to 50% has sent shockwaves through global markets. The move, effective immediately, directly impacts major steel-producing nations such as Brazil, which last year was the second-largest supplier of steel to the United States. A reporter from GloboNews, stationed outside the White House, described the unusual nature of the signing: "The president signed the decree behind closed doors, without the usual ceremony." This abrupt action underscores the Trump administration's protectionist trade policies and its willingness to act unilaterally. The increased tariffs are expected to raise prices for American consumers and potentially trigger retaliatory measures from affected countries. The decision also raises questions about the future of trade relations between the US and its allies. While the long-term effects remain uncertain, one thing is clear: Trump's move is a significant escalation of trade tensions.