Trump Order Imposes 25% Tariffs On Steel, Aluminum

The New York Times reports:

President Trump announced sweeping tariffs on foreign steel and aluminum on Monday, re-upping a policy from his first term that pleased domestic metal makers, but hurt other American industries and ignited trade wars with allies on multiple fronts.

The president signed two official proclamations Monday evening that would impose a 25 percent tariff on steel and aluminum from all countries globally. A White House official said in a call with reporters that there would be no exclusions offered, and that the president was directing customs officials to dramatically increase their oversight over such imports.

They are likely to rankle America’s allies, like Canada and Mexico, who supply the bulk of U.S. metal imports. And they could incite retaliation on U.S. exports, as well as pushback from American industries that use metals to make cars, food packaging and other products. Those sectors will face significantly higher prices after the tariffs go into effect.

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Trump signs order imposing 25 per cent tariffs on steel and aluminum nationalnewswatch.com/2025/02/10/c…

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— National Newswatch (@natnewswatch.bsky.social) February 10, 2025 at 6:08 PM