TARIFFS ON ALL STEEL AND ALUMINIUM IMPORTS INTO THE US – President Trump acts to curb cheap Imports into the US
Donald Trump says he will impose 25% tariffs on all steel and aluminium imports into the US, including from Canada and Mexico.
Aboard Air Force One, Feb 9 – U.S. President Donald Trump said on Sunday he will introduce new 25% tariffs on all steel and aluminium imports into the U.S., on top of existing metals duties, in another major escalation of his trade policy overhaul.
President Trump, speaking to reporters on Air Force One on his way to the NFL Super Bowl in New Orleans, said he will announce the new metals tariffs on Monday.
He also said he would announce reciprocal tariffs on Tuesday or Wednesday, to take effect almost immediately, applying them to all countries and matching the tariff rates levied by each country.
“And very simply, it’s, if they charge us, we charge them,” Trump said of the reciprocal tariff plan.
The largest sources of U.S. steel imports are Canada, Brazil and Mexico, followed by South Korea and Vietnam, according to government and American Iron and Steel Institute data.
By a large margin, hydropower-rich Canada is the largest supplier of primary aluminium metal to the U.S., accounting for 79% of total imports in the first 11 months of 2024.
