Trump Steel and Aluminum Tariffs Finalized With Canada and Mexico Exemptions; Price Decks Unchanged
On the afternoon of March 8, President Trump announced his administration's final tariff proclamation for steel and aluminum. The announcement aimed to fulfill campaign promises to revive America's steel and aluminum industries but was enacted as the result of a Section 232 investigation determining that the U.S. steel and aluminum imports represent a threat to national security. In the end, after much speculation, the Trump administration will enact a 25% import tariff for steel and a 10% tarif...
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