内容摘要：, she said increased funding for local law enforcement is also crucial.

, she said increased funding for local law enforcement is also crucial.

“While tariffs, used strategically, serve as a valuable tool in balancing the scales, it’s essential that we also pursue wider reforms of our global trading system,” David McCall, international president of the United Steelworkers union said in a statement, noting that work must be done “in collaboration with trusted allies” like Canada — theof steel and aluminum to the U.S. — to help “contain the bad actors.”

Matt Meenan, vice president of external affairs at the Aluminum Association, added that the trade group “appreciates President Trump’s continued focus on strengthening the U.S. aluminum industry,” but that “tariffs alone will not increase U.S. primary aluminum production.”“We also need consistent, predictable trade and tariff policy to plan for current and future investment,” Meenan said.Meanwhile, the American Primary Aluminum Association, which advocates for stronger trade enforcement, applauded Trump’s latest tariff increase on foreign aluminum.

“For decades, subsidized foreign producers have hollowed out domestic aluminum manufacturing,” APAA President Mark Duffy said in a statement, calling Trump a “strong leader who is fighting to rebuild domestic manufacturing and protect thousands of American aluminum jobs.”A range of businesses that rely on foreign-made steel and aluminum have already begun feeling the impacts of Trump’s previously-imposed levies. But the latest anticipated hikes could drive up costs even more.

Steel and aluminum are used

like washing machines, consumer electronics and cars. Much of the auto industry relies on a global supply chain. And even if you aren’t in the market to buy a new vehicle,Following the reports, traders built up bets that the

will need to cut interest rates later this year in order to prop up the economy, which in turn caused the fall for Treasury yields. The weaker-than-expected ADP report also led Trump to urge Fed Chair Jerome Powell to deliver cuts to rates more quickly.“‘Too Late’ Powell must now LOWER THE RATE,” Trump said on his Truth Social platform. “He is unbelievable!!!”

The Fed has yet to cut interest rates this year after slashing them through the end of 2024. Part of the reason for the pause is that the Fed wants to see how much Trump’s tariffs will hurt the economy and raise inflation. While lower interest rates could boost the economy, they could also give inflation more fuel.Longer-term Treasury yields have also been rising in recent weeks because of reasons outside the Fed’s control. Investors have been demanding the U.S. government pay more in interest to borrow because of