Trump imposes 25% tariff on steel and aluminum imports to the USA.
11.02.2025
6803
Journalist
Shostal Oleksandr
11.02.2025
6803
U.S. President Donald Trump has imposed a 25% tariff on all steel and aluminum imports to the United States without exceptions, reports The Washington Post.
During the signing ceremony, Trump said:
This is a big deal - to make America wealthy again.According to the president, his actions are aimed at supporting domestic metallurgical production and increasing employment. The White House administration emphasizes limiting China's capabilities in the American market, although most metals in the U.S. come from other countries.
As a result of the tariff, costs for manufacturers using industrial metals will increase. These costs contradict Trump's promises to reduce the cost of living.
Previously, Trump had already stated his intention to impose tariffs on steel and aluminum. The European Commission considers this move 'illegal and counterproductive'. Olaf Scholz, the Chancellor of Germany, promised that Germany could quickly respond to any actions by the U.S.
Read also
- Trump Backs Proposal for Zelensky-Putin Meeting: What We Know So Far
- Rubio Announces $400 Million Aid Package for Ukraine: Could This Shift Russia’s Stance?
- Expanding Ukraine’s Footprint in the Middle East: Countering the Russian-Iranian Threat
- How Pakistan Became a Key Mediator Between the U.S. and Iran: Trump Extends the Ceasefire
- Israel and Lebanon Reach Ceasefire Deal: Key Terms and Dates for Upcoming Talks
- No Lebanon Strategy for Israel: How Iran Fortifies Its 'Axis of Resistance' Across the Middle East
