Trump says U.S. will impose tariffs of 25% for steel, 10% for aluminum - News Summed Up

Trump says U.S. will impose tariffs of 25% for steel, 10% for aluminum


Details on whether all countries, including Canada, will face the steep tariffs on steel and aluminum have not yet been released. But before that, Trump had taken to Twitter to talk about U.S. steel and aluminum industries facing "decades of unfair trade." Trump vows steel and aluminum tariffs4:48The United States imported 26.9 million tonnes of steel in 2017, and more than four million, or 16 per cent of it, came from Canada. Tariffs of 53 per cent on steel imports from 12 countries, including Brazil, China and Russia, and tariffs of 23.6 per cent on aluminum imports from China, Hong Kong, Russia, Venezuela and Vietnam. A quota on steel and aluminum imports from everywhere, limiting each country to 63 per cent of the steel and 86.7 per cent of the aluminum they shipped to the U.S. last year.


Source: CBC News March 01, 2018 14:46 UTC



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