President Donald Trump on Feb. 10 raised tariffs on steel and aluminum imports to 25 percent “without exceptions or exemptions” in a move aiming to aid struggling industries in the United States.
Trump signed proclamations raising the U.S. tariff rate on aluminum to 25 percent from his previous 10 percent rate and eliminating country exceptions and quota deals as well as hundreds of thousands of product-specific tariff exclusions for both metals. The tariffs are set to take effect on March 4.
