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Steel Tariffs 2020

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On February 8 2020 certain aluminum and steel derivative articles will become subject to additional tariffs of 10 percent and 25 percent respectively. President Donald Trump imposed a 25 percent tariff on steel imports fulfilling his electoral promise of protecting the US. Trump Administration Announces 25 Tariffs On Finished Steel Products And 10 Tariffs On Aluminum Products International Trade Insights Nationally steel and aluminum tariffs resulted in at least 75000 job losses in metal-using industries by the end of last year according to an analysis by Lydia Cox a PhD. Steel tariffs 2020 . On January 24 2020 Trump delivered some of those tariffs for a handful of high-content steel products including steel nails and car bumpers. Section 232 Steel and Aluminum Tariff Duties Additional Tariffs Imposed Posted on Jan 29 01292020 With a proclamation last Friday the President imposed an additional 25 tariff on certain steel products and an additional 10 tariff on certain aluminum produ