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International Business Times UK
International Business Times UK
Business
Niloy Chakrabarti

Trump To Slap 25% Tariffs on Steel and Aluminium, Halts Minting New Pennies To Cut Waste

Donald Trump aluminium United States Canada Brazil Mexico the US Mint US Steel
Donald Trump's new tariffs announcements are a part of his broader trade policy overhaul efforts. (Credit: X / CALL TO ACTIVISM @CalltoActivism)

US President Donald Trump told reporters yesterday while on his way to the NFL Super Bowl that he will impose new 25% tariffs on all steel and aluminium US imports on 10th February.

The new metals tariffs are in addition to existing metals duties, which marks another escalation in the President's trade policy overhaul.

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