Trump’s Steel and Aluminum Tariffs — Impacts and Implications
June 4, 2025
On February 10, 2025, President Trump reinstated a 25% tariff on steel imports and raised aluminum tariffs to 25%, effective March 12. Enacted under Section 232 of the 1962 Trade Expansion Act, these tariffs eliminated exemptions for allies such as Canada, Mexico, and the EU, aiming to protect U.S. industries from import threats and Chinese …
