Trump steps up his 2018 tariffs on steel and aluminum, risking inflation on promise of more jobs
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(11 Feb 2025) RESTRICTION SUMMARY: ASSOCIATED PRESS Houston – 11 February 2025 1. Various port activities as trucks move containers from cargo ships at the Port of Houston. STORYLINE: President Donald Trump on Monday removed the exceptions and exemptions from his 2018 tariffs on steel, meaning that all steel imports will be taxed at a minimum of 25%. Trump also hiked his 2018 aluminum tariffs to 25% from 10%. “We were being pummeled by both friend and foe alike,” Trump said as he signed two
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