Benise Balaoing

US President Donald Trump speaks to the press after signing an executive order in the Oval Office of the White House in Washington, DC on January 31, 2025. Mandel Ngan, AFP/File

Article (news)

US President Donald Trump

Agence France-Presse

<div><span class="fr-img-caption fr-fic fr-dib" style="width:960px"><span class="fr-img-wrap"><img src="https://od2-image-api.abs-cbn.com/prod/editorImage/1750734154863trump.webp" style="width:960px" class="fr-fic fr-dib"/><span class="fr-inner" style="text-align:left">US President Donald Trump speaks to the press after signing an executive order in the Oval Office of the White House in Washington, DC on January 31, 2025. Mandel Ngan, AFP/File</span></span></span></div><p>WASHINGTON -- Higher US tariffs affecting several home appliances that contain steel took effect Monday, according to a recent government notice, in a move that could add to the costs of consumer goods.</p><p>US President Donald Trump this month moved to double levies on steel and aluminum imports to 50 percent and since then, the Department of Commerce added eight &quot;steel derivative products&quot; that will also be hit by the duties.</p><p>These include refrigerators, dryers, washing machines, dishwashers, cooking stoves and ovens, as well as food waste disposals, said a notice dated mid-June.</p><p>The tariff imposed will be assessed based on the value of steel content in each product, the notice added. This addition took effect on Monday.</p><p>Since returning to the presidency in January, Trump has imposed a sweeping 10 percent tariff on imports from most US trading partners.</p><p>He has slapped higher levies on imports of steel, aluminum and automobiles as well.</p><div><a href="https://www.abs-cbn.com/news/business/2025/5/31/trump-says-will-double-steel-aluminum-tariffs-to-50-0839" rel="noopener noreferrer" target="_blank">Trump says will double steel, aluminum tariffs to 50%</a></div><p>Economists warn that Trump&#x27;s duties could fuel inflation and bog down economic growth, although they have yet to spark widespread inflation so far in the world&#x27;s biggest economy.</p><div><a href="https://www.abs-cbn.com/news/business/2025/5/30/trump-tariffs-stay-in-place-for-now-after-appellate-ruling-0949" rel="noopener noreferrer" target="_blank">Trump tariffs stay in place for now, after appellate ruling</a></div><p>This is partly due to the fact that businesses rushed to stock up on inventory ahead of Trump&#x27;s tariff hikes, analysts said.</p><p>The president has also backed off some of his most punishing salvos to allow room for trade negotiations.</p><p>For now, dozens of economies are rushing to strike deals with the Trump administration ahead of an early July deadline where they face steeper tariffs.</p><p>So far, only Britain has reached a deal on trade since Trump&#x27;s flurry of global tariffs, while Washington and Beijing also agreed to de-escalate high duties on each other&#x27;s products.</p><p>The Trump administration published a document Monday on the Federal Register implementing the UK deal.</p><p>This includes establishing an annual quota of 100,000 UK automobiles, where these vehicles will be subject to a 10 percent tariff rate instead of 27.5 percent.</p><div><a href="https://www.abs-cbn.com/news/business/2025/4/14/trump-warns-no-country-off-the-hook-on-tariffs-0840" rel="noopener noreferrer" target="_blank">Trump warns no country &#x27;off the hook&#x27; on tariffs</a></div><p>The quota, adjusted for calendar year 2025, is set to take effect in a week, the notice said.</p><p>Auto parts from the UK will also be subject to a lower tariff, while similar quotas for steel and aluminum -- and related products -- will be established at a later time.</p><div><a href="https://www.abs-cbn.com/news/business/2025/5/28/asean-needs-more-regional-trade-in-face-of-trump-s-tariffs-marcos-jr-1329" rel="noopener noreferrer" target="_blank">ASEAN needs more regional trade in face of Trump&#x27;s tariffs — Marcos Jr</a></div>

<p>Higher US tariffs affecting several home appliances that contain steel have taken effect.</p>

Higher US tariffs affecting several home appliances that contain steel have taken effect.

Higher US tariffs impacting home appliances take effect

News

Entertainment

Lifestyle

Sports

Metro.Style

More

Traffic

Manila

Horoscope

Business

Higher US tariffs impacting home appliances take effect

Agence France-Presse

Published Jun 24, 2025 11:09 AM PHT

Read More:

ABSNews

ANC promo

appliances

ABS-CBN is the leading media and entertainment company in the Philippines, offering quality content across TV, radio, digital, and film. Committed to public service and promoting Filipino values, ABS-CBN continues to inspire and connect audiences worldwide.

Corporate

Investors

Governance

International Distribution

Corporate

Governance

Investors

International Distribution

NPC Seal of Registration

Privacy Policy

AI Policy

Terms of Service

Advertise with Us

© 2025 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2025 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2025 ABS-CBN Corporation. All Rights Reserved.