![]() Date: 2025-08-22 Page is: DBtxt003.php txt00028024 | |||||||||
TRUMP
STEEL AND ALUMINUM TARIFFS The Hill: Trump says 25 percent tariffs on steel and aluminum coming Monday Original article: https://thehill.com/homenews/administration/5135288-trump-says-25-percent-tariffs-on-steel-and-aluminum-coming-monday/ Peter Burgess COMMENTARY Peter Burgess | |||||||||
Trump says 25 percent tariffs on steel and aluminum coming Monday
Written by Alex Gangitano 02/09/25 5:29 PM ET President Trump said he will announce 25 percent tariffs on steel and aluminum Monday, adding that he would also kick off reciprocal tariffs in the days after. Trump said the steel and aluminum tariffs would impact “everybody,” when asked what countries would be affected. “Any steel coming into the United States is going to have a 25 percent tariff — aluminum too,” Trump told reporters. “Twenty-five percent … for both.” He added that details of the reciprocal tariffs will be announced Tuesday or Wednesday in a news conference. “Very simply: If they charge us, we charge them,” he said, adding that the tariffs would go into effect “almost immediately” and impact “every country.” Trump has signaled he would impose sweeping tariffs on steel and aluminum, as well as tariffs on semiconductor chips, pharmaceuticals, oil and gas. On Friday, he warned reciprocal tariffs would also be announced early next week, adding that he thinks reciprocal as opposed to a flat-fee tariff is the fair approach. “In terms of tariffs, I mean, we’re going to have tariffs, mostly reciprocal tariffs,” he said. “But probably a reciprocal tariff, where a country pays so much or charges us so much and we do the same, so very reciprocal. Because I think that’s the only fair way to do it, that way nobody’s hurt — they charge us, we charge them … as opposed to a flat-fee tariff,” he added. Trump imposed 10 percent tariffs on China on Feb. 1, following through on a long-standing pledge to target Chinese goods. He delayed 25 percent tariffs on Canada and Mexico for a month after speaking with both nations’ leaders last week. Tags Donald Trump Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. |