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The steel coils are shown in the courtyards of the steel ternium plant when the president of the United States, Donald Trump, ordered 25% tariffs on aluminum and steel imports that enter the United States, in San Nicolás de los Garza, Mexico, February 11, 2025.
Daniel Becerril | Reuters
The 25% rates of the president of the United States, 25% of the imports of steel and aluminum, entered into force on Wednesday, despite the concerns that duties could push the world’s largest economy towards a recession.
The White House confirmed the duties, which will affect Canada and other nations, the state side on Tuesday night, but added that Trump no longer planned to increase tariffs on metals from Canada to 50%.
This is a development story and will be updated shortly.
