Trump's 25% tariffs on steel and aluminum imports take effect
1. Trump's 25% tariffs on steel and aluminum imports are now effective. 2. Concerns arise about potential recession due to these duties. 3. Australian PM criticizes tariffs as unjustified for U.S.-Australia relations. 4. Canada and other countries will be affected by the tariffs. 5. Tariffs could inflate prices, impacting various sectors including construction.