Trump's newest economic move could cause the price of everything from cars to beer to rise

President Donald Trump announced the US will soon impose tariffs on imports of steel and aluminum.Tariffs are taxes on imports designed to boost US production of goods.The new tariff will cause costs to go up for businesses that use steel and aluminum — and possibly jump prices for consumer goods, too.

President Donald Trump announced Thursday that the US will soon begin imposing tariffs on steel and aluminum, a move that will have consequences for a wide swath of American consumers and...

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