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The US President Trump announced a 25% tariff increase on all steel and aluminum products imported into the United States.
the 10th local time, it is reported that US President Trump signed an executive order announcing a 25% tariff on all steel and aluminum imported into the United States.
It is reported that Trump said there would be "no exceptions or exemptions" for this move.n addition, the latest measure also cancels the tax-free quotas and exemption policies for steel and aluminum of some trading partners.According to US White House officials, 25% and 10% tariffs will be imposed on imported steel and aluminum products respectively.Reuters reported that this new tariff will be superimposed on the existing metal tariffs, marking another "major upgrade" of Trump's trade policy reform.