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Trump Set To Impose 25% Tariffs On Steel, Aluminum Imports
Hindustan Times Jammu
|February 11, 2025
President Donald Trump plans to impose 25% tariffs on all imports of steel and aluminum into the U.S., broadening his trade restrictions to some of the country's top trading partners and seeking to protect domestic industries that helped him win battleground states last year.
WASHINGTON:
Speaking to reporters on Sunday on Air Force One, Trump said the tariffs would apply to imports of both metals from all countries, including major suppliers Mexico and Canada. He didn't specify when the duties would take effect.
The president also said he would announce reciprocal tariffs this week on countries that tax U.S. imports.
Those would be enacted "almost immediately" after an announcement, Trump said, without providing further detail. Sunday's move is Trump's latest in a series of threatened tariffs on countries and specific sectors that have rattled markets in recent weeks.
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