Donald Trump says he’ll impose 25% tariffs on all metal and aluminium imports into US

Donald Trump says he’ll impose 25% tariffs on all metal and aluminium imports into the US, together with from Canada and Mexico.

The president stated he would make the announcement on Monday, signalling yet one more main escalation in his commerce coverage overhaul.

Talking on Air Power One as he flew from Florida to New Orleans for the Tremendous Bowl, he stated the brand new levies could be on high of present metals duties.

“Any metal coming into the US goes to have a 25% tariff,” Mr Trump instructed reporters on Sunday.

Share costs in steelmakers in Asia had been principally down on Monday, other than these with operations within the US.

Mr Trump additionally stated he’ll announce reciprocal tariffs on Tuesday or Wednesday, to take impact virtually instantly, making use of them to all nations and matching the tariff charges levied by every nation.

“And really merely, it is, in the event that they cost us, we cost them,” Mr Trump stated of the reciprocal tariff plan.

Australia seeks tariff exemption

In the meantime, Canberra is urgent Washington for an exemption to the deliberate tariffs, with Australia’s commerce minister Don Farrell saying its metal and aluminium to the US create “1000’s of good-paying American jobs” and are key to shared defence pursuits.

Mr Farrell stated his nation was making the case for “free and truthful commerce, together with entry into the US marketplace for Australian metal and aluminium” throughout conferences with the Trump administration.

👉 Observe Trump 100 in your podcast app 👈

Mr Trump beforehand threatened 25% import taxes on all items from Canada and Mexico, although he paused them for 30 days final week. On the similar time, he proceeded so as to add 10% duties on imports from China.

Additionally final week, Mr Trump stated tariffs on the European Union could be carried out “fairly quickly”. When questioned concerning the UK, the president stated Britain was “out of line” when it got here to commerce however he thought the scenario might be “labored out” with out using tariffs.

His newest feedback on the presidential airplane got here simply after German Chancellor Olaf Scholz stated the EU was prepared to reply “inside an hour” if the US levied tariffs on European items, highlighting the dangers of an escalating commerce warfare.

China’s retaliatory tariffs on some US exports are as a result of take impact on Monday, with no signal but of progress between Beijing and Washington.

‘Gulf of America’ day

Additionally on board Air Power One, Mr Trump signed a proclamation declaring 9 February 2025 as the primary ever “Gulf of America” day.

One of many first govt orders the president signed was renaming the Gulf of Mexico.

Whereas signing the most recent proclamation, he posed in entrance of a map with the newly modified title.

Trump reiterates want to make Canada 51st state

In a separate interview earlier on Fox Information, Mr Trump repeated calls to make Canada “the 51st state” as he reiterated his help for tech billionaire Elon Musk.

When requested if he was severe about Canada being a 51st state, Mr Trump stated: “I believe Canada could be significantly better off.

“We lose $200bn a yr with Canada. And I am not going to let that occur. It is an excessive amount of.

“Why are we paying $200bn a yr primarily in subsidy to Canada? Now, if they’re a 51st state, I do not thoughts doing it.”

Learn extra from Sky Information:
Mexico asks Google to not observe Trump title change
All main items of airplane and helicopter collision have been recovered

He additionally continued to voice help for Mr Musk. The X proprietor is spearheading the US president’s efforts to chop prices and paperwork in authorities, which has already seen the US Support Company for Worldwide Improvement focused.

Named the Division of Authorities Effectivity (DOGE), its intention is to seek out methods to sack federal employees, reduce programmes and reduce federal laws.