Trump to Impose 25% Tariffs on Steel and Aluminum
President Trump on Sunday said that he would impose a 25 percent tariff on all foreign steel and aluminum imports into the United States as of Monday and would soon announce reciprocal tariffs on America’s trading partners.Speaking from Air Force One en route to the Super Bowl, the president said his metal tariffs would apply to “everybody,” including Canada and Mexico, America’s allies and its largest trading partners.“Any steel coming into the United States is going to have a 25 percent tariff,” Mr. Trump said. “Aluminum, too.”Mr. Trump’s decision to tax foreign metals and impose reciprocal tariffs comes in the wake of several other trade threats he has made since winning the White House.Since taking office, Mr. Trump has imposed an additional 10 percent tariff on all products from China, and came within hours of imposing sweeping tariffs on Canada and Mexico that would have brought U.S. tariff rates to a level not seen since the 1940s.Mr. Trump has also said in recent days that he planned to impose tariffs on Europe, Taiwan and other governments, as well as on a variety of critical industries like copper, steel, aluminum, pharmaceuticals and semiconductors.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More
