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Trump cuts nose, spites face

Trump cuts nose, spites face

As illegal cutbacks continue, White House heaps new import tax on US economy

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Wayne Arnold
Feb 11, 2025
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What in the World
What in the World
Trump cuts nose, spites face
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U.S. President Donald Trump imposed a 25% tariff on all imports of aluminum and steel.

Trump imposed similar tariffs in his first term—25% on steel and 15% on aluminum—but negotiated exceptions for many trading partners, including Canada. In fact, what Trump did was not impose new tariffs, but rather remove the exceptions and raise the tariff on aluminum…

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