Brief by Shorts91 Newsdesk / 07:03am on 10 Feb 2025,Monday International
US President Donald Trump announced a 25% tariff on all steel and aluminum imports, signaling a major shift in trade policy. Speaking aboard Air Force One, Trump also hinted at reciprocal tariffs on nations imposing higher duties on US goods. Canada, Mexico, and Brazil, key suppliers of metals, may face economic strain. Trump criticized the EU’s 10% auto tariff and vowed to “match rates.” A news conference is expected Tuesday or Wednesday for further details. This move follows his 2016-2020 tariffs, which were partially eased under Biden.
