The United States started enforcing 25% tariffs on imported steel and aluminum, as per President Donald Trump's announcement.
Previously, trade restrictions mainly targeted Mexico, Canada and China, but the new tariffs now cover all steel and aluminum imports. The move eliminates exemptions from Trump's 2018 metal tariffs and increases aluminum duties from 10%.
While two rounds of tariffs on China have already been enacted, some Canadian and most Mexican trade remains exempt until at least April 2. Just before finalizing the policy, the White House backed away from an earlier threat to double tariffs on Canadian steel and aluminum.