The aluminum tariff would add nearly 30 cents per pound to prices not including transportation and other costs, according to JP Morgan.

President Donald Trump says he will also impose "reciprocal tariffs" on any countries who place tariffs on the US.

Shares in European and Asian steelmakers fell on Monday after U.S. President Donald Trump said he would introduce 25% tariffs on all steel and aluminium imports within hours in addition to existing metals duties.

Good morning. Tariffs are back on the agenda, and this time it’s steel. TikTok users won’t have to worry so much about Elon Musk. And why the Super Bowl halftime show was a big diss. Listen to the day’s top stories.

President Donald Trump is planning to announce 25% tariffs on all aluminum and steel imports into the U.S. He told reporters of the move while aboard Air Force One on Sunday.

President Trump on Thursday reiterated his plans to put a 25% tariff on imports from Mexico and Canada, where automakers build many of their products for sale in the US. Ford CEO Jim Farley believes Trump’s tariff gambit will be a policy issue that extends beyond February, however, but said that Ford has had a gameplan in place.

US President Donald Trump said that he plans to impose additional tariffs on all steel and aluminium imports. Speaking aboard Air Force One, he said that the taxes would apply to ‘everybody.

President Trump delayed aggressive tariffs on imports from Canada and Mexico, but people close to him warn that more duties are coming—and won’t so easily be averted.

Trump said on Sunday he would introduce new 25% tariffs on all steel and aluminium imports into the U.S., on top of existing metals duties, in another major escalation of his trade policy overhaul. Starmer's spokesman said while it was not possible to speculate on the impact of such tariffs without seeing details,