On February 10 (local time), U.S. President Donald Trump signed an executive order announcing a 25% tariff on all steel and aluminum imported into the United States. Trump stated that there would be “no exceptions or exemptions” for these tariffs.
During his first term, Trump imposed a 25% tariff on steel and a 10% tariff on aluminum entering the United States. However, exemptions were later granted to trade partners such as Canada, Mexico, the European Union, and the United Kingdom.
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Post time: Feb-11-2025