The president imposed a 25 percent tariff on global metals, repeating a move from his first term. Economists and foreign governments know what will come next.

In yet another major escalation of his trade policy overhaul, US President Donald Trump announced that on Monday the United States will impose 25 per cent tariffs on all steel and aluminium imports, which would come on top of additional metal duties.

U.S. President Donald Trump said on Sunday he will introduce new 25% tariffs on all steel and aluminum imports into the U.S., on top of existing metals duties, in another major escalation of his trade policy overhaul.

President Donald Trump’s tariffs on steel imports this week are likely to wreak havoc on American auto manufacturing, industry leaders say

President Donald Trump is hitting foreign steel and aluminum with a 25% tax. If that sounds familiar, it’s because he did pretty much the same thing during his first term. Trump’s original metals tariffs gave America’s struggling steel and aluminum producers some relief from intense global competition,

The comments came after the US president ordered a 25% import tax on all steel and aluminium entering the US, ending previous exemptions for allies including Canada and the EU and marking a major expansion of trade barriers.