Trump Announces 25% Tariffs on Steel and Aluminum Imports
- Trump announced a 25% tariff on steel and aluminum imports to the United States.
- The president said the tariffs were reciprocal action against countries that charge high duties on US exports.
- Trump cited Canada as the largest source of US steel and aluminum imports and said Japan cannot have a majority stake in US Steel.
635 Articles
635 Articles
Trump formally announces 25 pc tariffs on all steel, aluminium imports
Washington: US President Donald Trump has announced plans to impose 25 per cent tariffs on all steel and aluminum imports coming into the United States “without exceptions or exemptions,” raising concerns over its ramifications on South Korean and other exporters. Trump signed two proclamations regarding the sweeping tariffs, while affirming a plan to announce “reciprocal” tariffs “over the next two days” — duties on U.S. imports designed to mat…
Trump announces steel tariffs
President Trump said that steel tariffs would be announced Monday — and that reciprocal tariffs against, among others, the European Union, were coming early this week. Yet questions remain whether these tariffs will go into effect, or if their announcement is being used as a bartering chip, as with other tariff threats last week.The threat of tariffs reemerged after Trump met with Japanese prime minister Shigeru Ishiba last week to discuss Japan…
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