Donald Trump metal tariffs: Three US goods that could cost more

Donald Trump's plans for tariffs risk raising prices for items from cars to canned food.

British Broadcasting CorporationWatch LiveHomeNewsSportBusinessInnovationCultureArtsTravelEarthAudioVideoLiveHomeNewsIsrael-Gaza WarWar in UkraineUS & CanadaUKUK PoliticsEnglandN. IrelandN. Ireland PoliticsScotlandScotland PoliticsWalesWales PoliticsAfricaAsiaChinaIndiaAustraliaEuropeLatin AmericaMiddle EastIn PicturesBBC InDepthBBC VerifySportBusinessExecutive LoungeTechnology of BusinessFuture of BusinessInnovationTechnologyScience & HealthArtificial IntelligenceAI v the MindCultureFilm & TVMusicArt & DesignStyleBooksEntertainment NewsArtsArts in MotionTravelDestinationsAfricaAntarcticaAsiaAustralia and PacificCaribbean & BermudaCentral AmericaEuropeMiddle EastNorth AmericaSouth AmericaWorld’s TableCulture & ExperiencesAdventuresThe SpeciaListEarthNatural WondersWeather & ScienceClimate SolutionsSustainable BusinessGreen LivingAudioPodcastsRadioVideoLiveLive NewsLive SportHomeNewsSportBusinessInnovationCultureArtsTravelEarthAudioVideoLiveWeatherNewslettersThree American goods that could rise in price due to metal tariffs1 day agoNatalie ShermanBusiness reporter, BBC NewsReporting fromNew YorkGetty ImagesA 25% tax is set to be imposed on all imports of steel and aluminium into the US , ending exemptions from the rules for goods from major trade partners including Canada, Mexico, Brazil, as well as the European Union.

The expanded tariff measures announced by President Donald Trump, expected to go into effect next month, will mean many US businesses wanting to bring the metals into the country will have to pay more.

But there is a risk that the companies will pass on the added costs, or some portion of it, to consumers.

Since steel and aluminium are key components in many goods, what items could get more expensive?

About 70% of the steel used in the US to make cans for food is imported today, coming in from countries such as Germany, the Netherlands and Canada, according to the Can Manufacturers Institute (CMI), a business group representing can-makers.

https://www.bbc.com/news/articles/c3vp06k90d5o

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