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Trump raises tariffs on aluminum, steel imports in latest trade war salvo
By David Lawder and Andrea ShalalFebruary 10, 20255:57 PM ESTUpdated 10 min ago
- Trump raises aluminum tariffs to 25% from 10%
- Section 232 proclamation ends exemptions, exclusions, quota deals
- Trump targets downstream steel products for tariffs
- Pledges add to multi-front trade upheaval
- Trump also promises broader reciprocal tariffs
Trump signed proclamations that raised the tariff rate on aluminium imports to 25% from the previous 10% that he imposed in 2018 to aid the struggling sector. His action reinstates a 25% tariff on millions of tons of steel imports and aluminum imports that had been entering the U.S. duty free under quota deals, exemptions and thousands of product exclusions.
The proclamations were extensions of Trump's 2018 Section 232 national security tariffs to protect steel and aluminum makers. A White House official said the exemptions had eroded the effectiveness of these measures.
Trump also will impose a new North American standard requiring steel imports to be "melted and poured" and aluminum to be "smelted and cast" in the region to curb imports of minimally processed Chinese steel into the U.S.
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