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Trump to impose 25 per cent tariffs on steel and aluminium imports

February 9, 2025
in Finance
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Trump to impose 25 per cent tariffs on steel and aluminium imports
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Donald Trump said he would on Monday impose 25 per cent tariffs on steel and aluminium imports, expanding his trade conflicts to the metals sector in a new burst of protectionism from Washington.

The US president made the announcement during a briefing with reporters as he flew from his Mar-a-Lago estate in Florida to attend the Super Bowl in New Orleans on Sunday evening.

In addition to the measures on steel and aluminium products, Trump said he would later in the week unveil new reciprocal tariffs targeting imports from a wide range of countries that impose levies on US exports.

This is a developing story . . .

Credit: Source link

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