1 day ago · On Feb. 10, 2025, just a week after announcing country-specific, blanket tariffs on Canada, Mexico, and China, President Trump implemented his America First Trade Policy, signing two proclamations: Adjusting Imports of Steel Into the United States and Adjusting Imports of Aluminum Into the United States.. These proclamations revise previous proclamations …

Feb 11, 2025 · In March 2018, President Trump invoked authority under Section 232 of the Trade Expansion Act of 1962 (19 U.S.C. § 1862) to impose 25% tariffs on steel imports and 10% tariffs on aluminum.

6 hours ago · 1) Effective at 12:01 a.m. EST on March 12, 2025, steel products and certain downstream steel articles will be subject to a 25% tariff on entry or withdrawal from warehouse for consumption.

4 days ago · A worker polishes steel bicycle rims at a factory that produces and exports bicycle parts, in Hangzhou, China. AFP/Getty Images President Trump plans to impose fresh tariffs on all aluminum and ...

Feb 10, 2025 · President Trump is again turning to tariffs to advance his trade agenda, signing new orders to place 25% import duties on all steel and aluminum imports. Although the idea is to protect U.S....

Feb 12, 2025 · The new tariffs on steel and aluminum will have widespread global consequences, but Canada is most affected. The country supplies 50% of US aluminum imports ($9.4b) and 20% of US steel imports ($7.7b), making it the most exposed trading partner under this policy shift.

Feb 10, 2025 · A year into his first administration, Trump imposed a 25% tariff on steel and a 10% tariff on aluminum. While these tariffs largely benefited American steel and aluminum industries, former Ford Motors CEO James Hackett said the tariffs in …

Feb 11, 2025 · The new 25% tariff rates on steel and aluminum imports into the United States are due to take effect on March 12, according to the executive orders signed by President Donald Trump on Monday.

May 23, 2024 · The Section 232 tariffs would raise aggregate income in the steel industry by about $2.4 billion in 2018 but raise costs for steel consumers by about $5.6 billion. This implies a cost of nearly $650,000 for every job created.

From January to June 2021, hot-rolled band steel in the United States sold at an average of $1,460 per metric ton, over 60% higher than the global price and more than double China’s (Figure 2).