Donald Trump will announce 25% tariffs on steel and aluminum and provides for more import taxes

“Any steel that enters the United States will have a 25%tariff,” journalists told journalists at the Air Force One while flying from Florida to New Orleans to attend the Super Bowl. When asked about aluminum, he replied that “Aluminum too” will be subject to commercial penalties.

Trump too He reaffirmed that he would announce “reciprocal tariffs” – “Probably on Tuesday or Wednesday” – which means that the United States will impose import tariffs on products in cases where another country has imposed tariffs on US goods.

“If they are charging us 130% and we don’t charge them anything, it won’t continue,” he told reporters.

Trump’s comments are the last example of his willingness to threaten, and in some cases to impose, import taxes. Tariffs are arriving long before in their presidency that during their previous four years in the White Housewhen he prioritized tax cuts and deregulation. Trump has alternately said that he sees import taxes as tools to force concessions on issues such as immigration, but also as a source of income to help close the government budget deficit.

The financial markets fell on Friday after Trump said for the first time that reciprocal tariffs would impose. The prices of the actions also fell after a measure of the feeling of the consumer declined on Friday, largely because many respondents cited tariffs as a growing concern. The survey also found that Americans expect inflation to increase in the coming months due to tariffs.

Trump He did not offer details about steel and aluminum tariffs on Sundaynor on reciprocal tariffs. The president had previously threatened with 25% import taxes on all the assets of Canada and Mexico, although he paused for 30 days just a week ago. At the same time, he proceeded to add 10% tariffs to all imports from China.

However, on Friday he said that he would also delay tariffs on the millions of small packages – often of fast fashion firms such as Temu and Shein – until customs officials can find a way to impose them. Until now, small packages were exempt from tariffs.