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Trump steps up his 2018 tariffs on metal and aluminum, risking inflation on promise of extra jobs

WashingtonTrump steps up his 2018 tariffs on metal and aluminum, risking inflation on promise of extra jobs

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/ Politics

By Related Press

Printed: February 10, 2025, 4:22pm

Up to date: February 10, 2025, 5:30pm

President Donald Trump listens to a query from a reporter as he indicators govt orders within the Oval Workplace on the White Home, Monday, Feb. 10, 2025, in Washington. (Photograph/Alex Brandon)

WASHINGTON — President Donald Trump on Monday eliminated the exceptions and exemptions from his 2018 tariffs on metal, which means that each one metal imports will probably be taxed at a minimal of 25 p.c. Trump additionally hiked his 2018 aluminum tariffs to 25 p.c from 10 p.c.

“We were being pummeled by both friend and foe alike,” Trump stated as he signed two proclamations altering his orders throughout his first time period that go into impact on March 4.

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