U.S. Imposes 50% Tariff on Steel-Based Household Appliances Starting June 23

On June 12 (local time), the U.S. Department of Commerce announced a significant tariff increase on various steel-derived household appliances, including dishwashers, washing machines, and refrigerators. A 50% tariff will be imposed on these steel-based products, effective June 23, 2025. This move follows a statement made by former President Donald Trump during a rally in […]