The tariffs are an expansion of those Trump signed in 2018, when a 25 percent steel duty and a 10 percent aluminum levy went into effect. Over time, the first Trump administration and the Biden administration issued exemptions for a large number of U.S. trading partners. Those no longer apply.
China is retaliating in a determined and at times highly detailed manner to U.S. President Donald Trump’s new tariffs, with a 34% tax on all U.S. imports next week.
The executive order’s Annex I lists 57 countries (83 when accounting for all European Union member states) that will face higher tariffs of up to 50%, which go into effect on April 9. The new tariffs will stack on previous product-specific tariff rates.
New tariffs are raising the prices of imported metals. They're also giving domestic companies the green light to charge more.
The global economy is changing rapidly, particularly regarding emerging technologies such as artificial intelligence, solar panels, electric vehicles, and large-capacity batteries. However, even ...
Donald Trump placed tariffs on virtually every other country in the world. Here is how Oklahoma relies on global trade.
Steel Dynamics' strong balance sheet, ongoing capital returns, and strategic investments position it as a top opportunity. Learn more about STLD stock here.
President Trump’s new tariffs on imports will ultimately benefit American steel manufacturers and workers, increasing demand and wages at mills and steel fabricators, one company owner says.