Steel and aluminum and so much more
Marketplace Morning Report
Marketplace
4.5 • 927 Ratings
🗓️ 12 March 2025
⏱️ 8 minutes
🧾️ Download transcript
Summary
Elevator parts, beer cans, gym equipment, metal furniture — these are just a few of the hundreds of goods now subject to President Donald Trump’s 25% tariffs, not just on steel and aluminum but lots of things made from those metals. The tariffs are coming amid concerns trade policy could cause a recession. We’ll hear more. Plus, solar power is on a tear, and inflation dipped amid market uncertainty.
Transcript
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| 1:01.6 | Steel and aluminum and so much more. |
| 1:05.4 | From Marketplace. |
| 1:06.3 | I'm Sabri Benichshore. |
| 1:07.2 | In for David Brancaccio. |
| 1:08.3 | Elevator parts, beer cans, gym equipment, metal furniture. |
| 1:11.5 | These are just a few of the hundreds of goods now subject to President Donald Trump's 25% |
| 1:16.4 | tariffs, not just on steel and aluminum, but on a lot of things that are made from those metals. |
| 1:21.6 | The tariffs are coming amid concerns. Trade policy could cause a recession. Marketplaces, |
| 1:26.2 | Nova Sappho has more. |
| 1:34.1 | The U.S. is imposing 25% tariffs on steel and increasing aluminum tariffs from 10 to 25%. It's also for the first time imposing import taxes on a whole host of products derived from those metals, |
| 1:40.7 | such as parts for air conditioners, aircraft, and kitchen appliances, even nuts and bolts, |
... |
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