President Donald Trump plans to impose 25% tariffs on all US imports of steel and aluminum, broadening his trade restrictions to some of the country’s top trading partners and seeking to protect domestic industries that helped him win battleground states last year.
Speaking to reporters Sunday on Air Force One, Trump said the tariffs would apply to shipments from all countries, including major suppliers Mexico and Canada. He didn’t specify when the duties would take effect. Shares of steel and aluminum makers rose.
The president also said he would announce reciprocal tariffs this week on countries that tax US imports. ...
