.png)
6 hours ago
4
Steel coils are pictured in the yards of the steelmaker Ternium plant as U.S. President Donald Trump ordered 25% tariffs on aluminum and steel imports entering the United States, in San Nicolas de los Garza, Mexico February 11, 2025.
Daniel Becerril | Reuters
U.S. President Donald Trump's 25% tariffs on steel and aluminum imports came into effect Wednesday, despite concerns that the duties could push the world's biggest economy toward a recession.
The White House confirmed the duties, which will affect Canada and other nations, late Tuesday state side, but added that Trump no longer planned to raise tariffs on the metals from Canada to 50%.
This is a developing story and will be updated shortly.
