Added levy on metal imports could drive up U.S. prices for construction projects, automobiles, appliances and more

Anticipating increased prices on refrigerators, vacuums and more, experts say to act quickly and look for deals to mitigate the impact of tariff-driven hikes.

The European Union said it is preparing “countermeasures” against the U.S. following President Donald Trump’s unexpected announcement that he would increase his tariffs on steel. EU Commission President Ursula von der Leyen and Trump last week agreed to “rapidly” begin on a trade deal.

The Premier of Ontario, Doug Ford, announced plans to move $30 billion in manufacturing to Canada after new U.S. steel tariffs.

Indian metals-to-oil conglomerate Vedanta said on Wednesday that U.S. President Donald Trump's doubling of aluminium tariffs to 50% poses a threat to the Indian industry already struggling with surging imports.