Trump moves ahead with 25% tariffs on all steel and aluminum imports, escalating trade tensions
Trump slapped tariffs on steel and aluminum in his first term, but with exemptions. Now, he's escalating and implementing 25% tariffs on all partners.
Trump to Impose 25% Steel and Aluminum Tariffs in Latest Trade Escalation
“Any steel coming into the United States is going to have a 25% tariff,” he told reporters Sunday on Air Force One as he flew from Florida to New Orleans to attend the Super Bowl. When asked about aluminum, he responded, “aluminum, too” will be subject to the trade penalties.
Steel at heart of new Trump trade war
US President Donald Trump's new tariffs on steel promise to further complicate a strategic industry already destabilised by Chinese overproduction and Europe's stuttering blast furnaces. Steel, so key to the second industrial revolution of the late 19th and early 20th century,
Opinion
How Trump Lost His Trade War
When the U.S. breaks its treaties, only China wins.
Trump’s 3rd week saw more executive orders, a trade war that wasn’t and a Mideast jolt
President Donald Trump keeps cranking out executive orders designed to remake the government while his ally and adviser, billionaire Elon Musk, hunts for more ways to upend the federal workforce.
One Response to Trump’s Tariffs: Trade That Excludes the U.S.
A growing number of countries, including American allies, are striking trade deals as the Trump administration erects a higher fence around its global commerce.
NZ households will be slightly worse off if Trump triggers a trade war – new modelling
Donald Trump has already made good on his threat to impose an additional 10% tax on Chinese goods, and is due to announce a 25% tariff on all steel and aluminium imports into the United States. While he has paused proposed 25% tariffs on Canadian and Mexican imports for the time being,
Chinese tariffs to take effect, ratcheting up trade war with U.S.
Chinese tariffs on U.S. products including LNG, coal and agricultural equipment are set to be imposed Monday, in response to ...
The first shots of a potential trade war have been fired. What’s next for Beijing?
The first return volley in a new trade clash between China and the United States was fired on Monday as Beijing’s tariffs on ...
Key US trade partners nervously wait for Trump to reveal new tariffs
The US president told reporters aboard Air Force One he would impose 25% tariffs on steel and aluminium, as well as ...
U.S. Had Biggest Trade Deficits With These 10 Nations In 2024
The 2024 deficit was a record $1.2 trillion, marking the fourth consecutive trade deficit above $1 trillion and the sixth ...
Trump's trade chief nominee Greer says universal tariff needs more study
Jamieson Greer, President Donald Trump's nominee for U.S. trade representative, said on Thursday that a universal tariff ...
East Asia Forum1d
Trump’s trade madness risks global depression if retaliation’s not measured
Trump's tariffs will return the US to its protectionist past, but revising intellectual property rules — rather than imposing ...
2024 Trade Tops $5 Trillion, Exports Top $2 Trillion, Imports Above $3 Trillion
Along with $2 trillion in U.S. exports and $3 trillion in imports, the U.S. trade deficit with the world topped $1 trillion ...
Aero India 2025: United States to focus on ties with India, regional security
Bengaluru: The United States, which will be making its 15th appearance at Aero India, will showcase a range of advanced ...