Trump to announce 25% steel and aluminum tariffs in latest trade escalation

Deccan Herald

Summary

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U.S. President Donald Trump decided on Monday (local time) to impose a 25 percent tariff on steel imports from Korea starting March 12, effectively nullifying up to 2.63 million tons of the annual tariff-free quota that had been agreed upon between the two countries in 2018 during his first term.
The Korea Times
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Mexico, Canada and the European Union on Tuesday condemned U.S. President Donald Trump's decision to impose tariffs on all steel and aluminum imports next month, a move that has fanned fears of a trade war as business and political leaders braced for yet more trade duty announcements from the new administration.
Japan Today
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The moves align with the Trump administration's aggressive global trade agenda and ambitions to strengthen U.S. industry, but they could have an inverse effect.
The Independent
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Trump imposes 25% tariffs on steel, aluminium imports
Deccan Herald

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