Adjusting Imports of Steel into The United States

Presidential Action February 10, 2025 Document 1214

Summary

In a move to bolster U.S. national security, President Trump has reinstated a 25% tariff on steel imports from countries previously exempted under alternative agreements, such as Canada, Mexico, and the EU, effective March 2025. This action aims to address the increasing steel imports that threaten domestic industry performance and national security, as well as to counteract global excess capacity, particularly from China. The termination of these exemptions and the reintroduction of tariffs could strain international trade relations and impact U.S. consumers and industries relying on imported steel, while potentially strengthening the domestic steel sector and its capacity utilization.