The employee stands in a high furnace. In November, Thyssenkrupp Steel announced that the number of jobs in the steel sector would be reduced by 11,000 to 16,000 within six years.
Image of the Alliance | Image of the Alliance | Getty Images
US President Donald Trump on Sunday told reporters That he planned to announce a new 25% of tariffs on Monday, aiming to import steel and aluminum.
The proposed views would be an addition to existing duties. There is currently no time lane for implementation.
Two metals are vital components in various industries, including transportation, construction and packaging.
This development story is updated.
