Trump Signs Decree Imposing 25 Percent Import Tax on Aluminum and Steel in the US

washington - President Donald Trump signs a decree imposing a 25 percent import tax on all steel and aluminum imports in the United States.

President Trump Introduces New Import Tariffs

President Donald Trump signed a decree on Monday for import duties on all steel and aluminum imports in the United States, imposing a 25 percent tax with no exceptions. He also mentioned considering tariffs on other products such as cars and chips.

During his first term as president (2017-2021), Trump imposed tariffs of 25 percent on steel and 10 percent on aluminum, but later granted various trading partners duty-free quotas, including Canada, Mexico, the European Union, and the United Kingdom.

The exact date of implementation for the tariffs is yet to be determined.