“On February 10, US President Donald Trump signed decrees on the introduction of 25 percent duties on the import of steel and aluminum since March 12. “Since March 12, 2025, all imports of aluminum products and aluminum derivatives from Argentina, Australia, Canada, Mexico, EU countries and UK will be subject to an additional ad valorem tariff (duty accrued in percentage of customs value and other items. They are subject to duty – ed), ”the decree reads. Trump issued a separate decree on steel stating that it would extend to all the imports from the same countries that have affected aluminum tariffs, as well as from Brazil, Japan and South Korea. Canada and Mexico are the largest steel importers in the US. Trump also noted that the possibility of introducing additional tariffs on the car, pharmaceutical products and computer chips. Canadian steel producers warned of “mass” interruptions, and the European Commission said it “reacts to protect the interests of European business, workers and consumers from unjustified measures.” French President Emmanuel Macron in an interview, which was aired on February 9, promised steps in response and noted that the United States should focus on China. Also, German Chancellor Olaf Scholtz said the day before that Berlin is ready to respond to possible trade restrictions that the Trump administration could introduce. At the election event in northern Germany, Scholt said that “any new tariffs by Trump will be met by measures in response.” According to Roland Berger’s consulting company, about 25 percent of European exports are coming to the United States. On February 3, Trump warned the Americans that they could face economic “pain” due to trade tariffs, which he declared last weekend on Canada, Mexico and China – the three largest US trading partners. He later stated that Canada and Mexico duties would be suspended 30 days after the leaders of the two countries, he said, promised to strengthen measures at the border to stop the flow of migrants and drugs. ”, – WRITE: www.radiosvoboda.org
“From March 12, 2025, all imports of aluminum products and aluminum derivatives from Argentina, Australia, Canada, Mexico, EU and UK will be subject to an additional ad valorem tariff (duty accrued as a percentage of the customs value of goods and other duties – ed) ”, – said in the decree.
Trump issued a separate decree on steel stating that it would extend to all the imports from the same countries that have affected aluminum tariffs, as well as from Brazil, Japan and South Korea.
Canada and Mexico are the largest steel importers in the US.
Trump also noted that it would consider introducing additional car tariffs, pharmaceutical products and computer chips.
Canadian steel producers warned of “mass” interruptions, and the European Commission said it “reacts to protect the interests of European business, workers and consumers from unjustified measures.”
French President Emmanuel Macron in an interview, which was aired on February 9, promised steps in response and noted that the United States should focus on China.
Also German Chancellor Olaf Scholtz stated the day before that Berlin is ready to answer possible trade restrictions, which the Trump administration can introduce. At the election event in northern Germany, Scholt said that “any new tariffs by Trump will be met by measures in response.”
According to Roland Berger’s consulting company, about 25 percent of European exports are coming to the United States.
On February 3, Trump warned the Americans that they could face economic “pain” due to trade tariffs, which he declared last weekend on Canada, Mexico and China – the three largest US trading partners.
He later stated that duties on Canada and Mexico will be suspended for 30 days After the leaders of the two countries, he said, promised to strengthen measures at the border to stop the flow of migrants and drugs.
