It is set to be a busy Wednesday with several events lined up for the day.
Firstly, the tariffs imposed on steel and aluminium imports by the United States will come into effect from today (March 12). Meanwhile, PM Modi will attend the Mauritius National Day celebrations.
Nasa and SpaceX will launch the Crew-10 mission to the International Space Station (ISS) in the Dragon spacecraft today while US President Donald Trump is set to host Irish Prime Minister Micheal Martin for bilateral talks.
Here is all that is set to take place today throughout the world.
US tariffs on steel and aluminium imports come into effect
US tariffs on steel and aluminium imports will officially come into effect today, marking a significant shift in trade policy.
The tariffs, originally introduced as part of a broader effort to protect domestic industries, impose a 25 per cent duty on steel imports and a 10 per cent duty on aluminium imports. The announcement was made by US Commerce Secretary Howard Lutnick said Sunday (March 9).
The decision has sparked mixed reactions globally with critics warning of potential economic fallout. Economists also warn that increased costs for raw materials could hurt industries reliant on steel and aluminium, such as automotive, construction, and manufacturing.
Content retrieved from: https://www.firstpost.com/explainers/firstup-us-tariffs-on-steel-imports-to-come-into-effect-modis-day-2-in-mauritius-the-news-today-13870707.html.
