President Donald Trump signed an executive order imposing a 25% tariff on all steel and aluminum imports to the U.S. The order aims to protect American producers and prevent the influx of subsidized foreign metals, particularly from China. It also seeks to establish new production standards for North American-made steel and aluminum. The tariffs are expected to go into effect on March 4th, using the same Section 232 investigations that allow the President to restrict imports potentially threatening national security. Trade groups have criticized the move, warning of increased manufacturing costs and potential supply chain disruptions.
President Donald Trump enacted 25% tariffs on all steel and aluminum imports to the U.S. Monday, signing an executive order that puts sharp new restrictions on critical manufacturing materials.According to senior administration officials, the order reinstates a 25% tariff on steel that was in place in 2018 during President Trump's first term and raises tariffs on aluminum to 25%, with only some exceptions.'This is a big deal — making America rich again,' President Trump said.
A White House official tells Scripps News the tariffs will go into effect March 4, relying on the same rules, known as Section 232 investigations, that allow the President to restrict certain imports that have been determined to potentially threaten national security.'This EO effectively tightens up the tariffs implemented from the last 232 investigation by eliminating exemptions and closing loopholes,' the official said.
TARIFFS STEEL ALUMINUM TRADE NATIONAL SECURITY
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