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Art of the Steel: Trump Hikes Tariffs

8 snips
Jun 4, 2025
Ian Pannell, ABC's chief foreign correspondent, shares gripping insights from Gaza amidst ongoing conflict. He highlights the terrifying realities faced by civilians and the struggles of aid distribution in war-torn areas. The conversation then shifts to the new tariffs on steel and aluminum and their economic impact, stirring uncertainties for both consumers and manufacturers. Pannell also discusses alarming smuggling attempts involving a dangerous fungus, raising national security concerns that could affect agriculture.
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INSIGHT

Trump Doubles Steel Tariffs

  • President Trump raised steel and aluminum tariffs from 25% to 50%, sharply increasing import costs.
  • This move aims to protect U.S. steel jobs but faces international backlash and economic uncertainty.
INSIGHT

Aid Centers Turn Deadly in Gaza

  • Aid centers in Gaza have become deadly as civilians seeking food face gunfire and chaos.
  • Desperation drives people to risk dangerous journeys, despite a lack of safety guarantees.
INSIGHT

Agro-terror Fungus Smuggling Alleged

  • Two Chinese researchers allegedly tried to smuggle a damaging fungus into the U.S., raising national security concerns.
  • The fungus can cause massive agricultural damage and health risks, prompting serious government scrutiny.
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