Trump to Hit Imported Steel and Aluminum with 25% Tariffs
Trade,Steel Tariffs,Aluminum Tariffs,Donald Trump
President Donald Trump will announce Monday new 25 percent tariffs on all steel and aluminum entering the United States, including from Canada and Mexico.
Canada and Mexico are two of the U.S.βs biggest steel trading partners, and Canada is the biggest supplier of aluminum metal into the country.
UPI reports Trump told reporters Sunday aboard Air Force One of his plan by declaring, βAny steel coming into the United States is going to have a 25 percent tariff. Aluminum, too.β
Trump also reaffirmed he would announce βreciprocal tariffsβ β βprobably Tuesday or Wednesdayβ β meaning that the U.S. would impose import duties on products in cases where another country has levied duties on U.S. goods.
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