Trump Slaps Sweeping 25% Tariffs on Steel and Aluminum Amid China Over Capacity

Vietnam on Monday, February 24, 2025, announced a temporary anti-dumping duty on hot-rolled coil (HRC) steel imports from China.
Vietnam on Monday, February 24, 2025, announced a temporary anti-dumping duty on hot-rolled coil (HRC) steel imports from China.

Donald Trump is back with his favorite economic weapon: tariffs. In a move that reopens old trade wounds, the president has imposed a sweeping 25% tariff on all steel and aluminum imports—no exemptions, no exceptions.

On Monday, Trump signed proclamations raising aluminium tariffs by 25% and scrapping the country-specific exemptions and quota deals that had been in place since his first term.

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by Edwin Shri Bimo

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