2 months ago
26
Economy|Trump Will Impose Tariffs on Steel and Aluminum on Monday
https://www.nytimes.com/2025/02/09/business/economy/trump-tariff-foreign-metals.html
You have a preview view of this article while we are checking your access. When we have confirmed access, the full article content will load.
The president said he planned sweeping tariffs on all steel and aluminum imports on Monday and would take other action to even out tariff rates with the rest of the world later this week.
By Ana Swanson
Ana Swanson covers international trade and reported from Washington.
- Feb. 9, 2025Updated 11:07 p.m. ET
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.
