June 3rd, 2025
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President Trump decided to put higher taxes on steel and aluminum from other countries. This might make food more expensive for people in America. These metals are often used to package products, so many things you buy could cost more because of this new 50% tax. An expert on trade, Usha Haley, says these taxes could make problems for different businesses and hurt America's friendships with other countries. Trump says these taxes will help the steel industry in the US. But this might make food more expensive, which is not what he said he would do. The new taxes on steel and aluminum could affect many products, like food in cans, drinks, and pet food. Robert Budway, who is the president of the Can Manufacturers Institute, says this could help companies from other countries that sell canned food for less money than American companies.
June 3rd, 2025
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