5 Takeaways From Trump’s 25 Percent Tariffs on Steel, Aluminum
An employee works on steel casting at a factory in Hangzhou, Zhejiang Province, China, on Jan. 17, 2024. STR/AFP via Getty Images

5 Takeaways From Trump’s 25 Percent Tariffs on Steel, Aluminum

The tariffs will mostly affect companies that rely on metals, such as appliance manufacturers, automakers, and construction firms.
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WASHINGTON—President Donald Trump has kicked off his second term with a bold tariff policy that is shaking up global trade.

After imposing a 10 percent additional tariff on Chinese goods to address the fentanyl crisis, the president took another step by imposing a 25 percent tariff on steel and aluminum imports.

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