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 used a lot for packaging, so many products could cost more because of this new tax. An expert on trade, Usha Haley, said this could cause problems for many businesses and hurt America's friendships with other countries. Trump said these taxes would help the American steel industry. But this might make food more expensive, which is the opposite of what he promised. The new taxes on steel and aluminum could affect many products, like canned food, drinks, and pet food. Robert Budway, who leads the Can Manufacturers Institute, said this could help foreign companies that sell canned food for less money than American companies.
June 3rd, 2025
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