Trump expands tariffs on steel and aluminum products

摘要

President Donald Trump quietly expanded the Section 232 tariffs on steel and aluminum products in late January. The 25% tariff on steel and 10% tariff on aluminum, meant to prop up domesticsuppliers of metal to the defense industry, have badly hurt some metal-working companies that have besieged the U.S. Department of Commerce with pleas for exemptions, some of which have been granted and many others that have not. But if the original tariffs have been tough on consumers of foreign steel and aluminum, their problems will now multiply given the Trump Jan. 24 extension of those tariffs to the derivatives of aluminum and steel articles.