US president says 25% tariffs on steel and aluminium imports to be introduced this week as Chinese tariffs come into effect
Hello and welcome to our live coverage of the world’s response to Donald Trump’s announcement that he will soon impose new 25% tariffs on all steel and aluminium imports into the US.
Trump, speaking to reporters on Air Force One on his way to the NFL Super Bowl in New Orleans on Sunday, said he would announce the new metals tariffs on Monday.
“Markets will be on edge and volatile with the escalating trade war and investors need to tread with caution for now and brace for possibly more market turbulence.”
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Source: https://www.theguardian.com/us-news/live/2025/feb/10/trump-tariffs-world-braces-for-market-turbulence-after-new-steel-and-aluminium-tariff-announcement
