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Trump Imposes 25% Tariffs on Steel and Aluminum Imports, Targeting Global Trade Partners

The widespread tariffs, effective March 12, eliminate exemptions for key allies, drawing sharp criticism from Canada, the EU, and others.

  • President Donald Trump announced new 25% tariffs on steel and aluminum imports, removing all previous exemptions for countries including Canada, the EU, Mexico, and the UK.
  • The move, justified under national security grounds, marks a significant escalation in trade tensions with U.S. allies and trading partners.
  • Canada, the largest supplier of these metals to the U.S., and the EU have vowed to implement retaliatory measures, calling the tariffs unjustified and harmful.
  • South Korea and the UK have signaled a more cooperative approach, engaging in discussions with the U.S. to mitigate potential impacts on their industries.
  • The policy is part of Trump's broader agenda to address the U.S. trade deficit, which reached $920 billion in 2024, and target practices perceived as benefiting Chinese producers through intermediary nations.
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