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Trump's tariff on steel, aluminum means that the prices rise to remarkable objects

Trump's tariff on steel, aluminum means that the prices rise to remarkable objects

President Donald Trump is expected to achieve 25% tariffs for steel and aluminum more than the US consumers than they think.

As reported by CnnWith steel and aluminum, which is used in countless imported products such as doses, beer and cars, the tariff could become a severe load on the wall pocket of American consumers.

Here are some important products that could have a big difference in their prices.

Cars

Since a single car contains a hundred pound steel and aluminum, the costs for automotive production are expected to increase.

Related: Tariff: How Trump's new guidelines actually work

However, since the companies have multi -year contracts, they have locked up prices and the tariffs could not influence the price immediately.

Devices

In addition to cars, devices such as washing machines, refrigerators and dryers also need a considerable amount of aluminum and steel, which could make it expensive after the effect of tariffs.

A whirlpool representative informed Outlet and noticed: “About 96% of the steel used in our US factories come from household suppliers.”

“Nevertheless, we understand that there will be an impact and we will evaluate the general effects on the latest US trading decisions and other measures by the trading partners,” says the e -mail.

Water

American citizens may see a prices for tap water because water filtration systems are built with the metals.

John Stauch, CEO of Pentair, a water treatment company, introduced that they buy aluminum and steel worth $ 100 million from outside of us.

“With effect from April 1 and April 15, we plan the price increases in the company.”

If the water filtration is expensive for providers, companies are expected to cover the price by increasing the bills for consumers.

Eat

For many companies such as Campbell, the manufacturers of food and drinks import steel from Canada for their can.

The CEO Mick Beekhuizen said: “We work closely with our suppliers to mitigate potential effects, at the same time, depending on how long these tariffs would be available, as well as the extent of the tariffs that we may need to take other measures.”

Related: Trump escalates the trade war with the EU: Warn of alcohol tariffs of 200%

Another option could be to replace aluminum and steel packaging, such as the CEO of Coca-Cola, James Quincey, said last month that the company was preparing to pack more in plastic and glass to combat customs duties.