Industry News

Trump set to announce steel and aluminium tariffs with more import duties due

Views : 308
Update time : 2025-02-10 17:39:14

President Donald Trump said he will announce on Monday that the United States will impose 25% tariffs on all steel and aluminium imports, including from Canada and Mexico, as well as other import duties later in the week.

"Any steel coming into the United States is going to have a 25% tariff", he told reporters on Sunday, speaking on Air Force One as he flew from Florida to New Orleans to attend the Super Bowl. When asked about aluminium, he responded: "Aluminium, too" suggesting they will be part of the trade penalties.

Trump also reiterated that he would announce "reciprocal tariffs" - "probably Tuesday or Wednesday" - meaning that the US would impose import duties on products in cases where another country has levied duties on US goods.

"If they are charging us 130% and we’re charging them nothing, it's not going to stay that way", he told reporters.

Related News
Read More >>
Thyssenkrupp to temporarily halt electrical steel production in Europe Thyssenkrupp to temporarily halt electrical steel production in Europe
Dec .15.2025
Thyssenkrupp to temporarily halt electrical steel production in Europe
Novelis invests EUR 43 million in rail logistics to achieve CO₂e reduction Novelis invests EUR 43 million in rail logistics to achieve CO₂e reduction
Dec .15.2025
Novelis invests EUR 43 million in rail logistics to achieve CO₂e reduction
China to implement export licensing system for various steel products from 2026 China to implement export licensing system for various steel products from 2026
Dec .15.2025
China to implement export licensing system for various steel products from 2026
POSCO introduces new wear-resistant steel DuraPOS™ POSCO introduces new wear-resistant steel DuraPOS™
Dec .15.2025
POSCO introduces new wear-resistant steel DuraPOS™