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Editorial: La Vanguardia

  • Donald Trump has announced the imposition of a 25% tariff on all US imports of steel and aluminum.
  • These tariffs have been preceded by the same percentage applied to Canada, Mexico, and China, primarily harming these countries.
  • Trump's reasons for this tariff offensive include national defense and the protection of US industry and jobs.
  • Retaliation from the affected countries could end up increasing the prices of imported goods in the US and contribute to rising inflation.
  • Trade wars usually harm all countries involved, and this could negatively affect the US economy.

Conclusion: The impact of these tariffs and potential countermeasures could hurt economies on a global scale. Although Trump is using this as a tactic to potentially negotiate more favorable trade terms, ramifications could be severe.