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U.S. widens metal tariffs 🏭📈
The Commerce Dept. has expanded President Trump’s 50% steel and aluminum tariffs to 407 more product categories, hitting items from motorcycles and baby seats to wind turbines and car parts — if they contain any steel or aluminum.
Officials say it closes loopholes used to dodge existing duties. Importers, given no warning, report shipment chaos and no transit exemptions.
The change boosts 2024 tariff‑covered imports to about $320B — up from $191B before, and 6× higher than in 2018. Steelmaker Cleveland‑Cliffs praised the move as a strike against evasion, following Trump’s June decision to double the base rate.
#DonaldTrump
#FederalRegister
#michigan
#ShannonBryant
The Commerce Dept. has expanded President Trump’s 50% steel and aluminum tariffs to 407 more product categories, hitting items from motorcycles and baby seats to wind turbines and car parts — if they contain any steel or aluminum.
Officials say it closes loopholes used to dodge existing duties. Importers, given no warning, report shipment chaos and no transit exemptions.
The change boosts 2024 tariff‑covered imports to about $320B — up from $191B before, and 6× higher than in 2018. Steelmaker Cleveland‑Cliffs praised the move as a strike against evasion, following Trump’s June decision to double the base rate.
#DonaldTrump
#FederalRegister
#michigan
#ShannonBryant
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