Trump's Steel and Aluminum Tariffs Take Effect, Escalating Trade Tensions

The 25% tariffs remove previous exemptions, targeting imports from the EU, Canada, and other nations, while sparking threats of retaliation.

The U.S. has implemented 25% tariffs on all steel and aluminum imports, ending exemptions for the EU, Canada, and other countries.
President Trump cited national security concerns and accused China of flooding the global market with cheap metals.
Canada, the largest supplier of U.S. steel and aluminum, narrowly avoided a tariff increase to 50% after resolving a dispute over electricity pricing.
The EU, which supplies 10% of U.S. steel and 15% of aluminum imports, has threatened countermeasures, raising fears of a renewed trade conflict.
Experts warn the tariffs could increase consumer prices and production costs, while creating uncertainty for businesses reliant on imported metals.