US Tariffs on Steel, Aluminum Take Effect

President Donald Trump’s 25 percent tariffs on all steel and aluminum imports went into effect shortly after midnight on March 12.
In addition to imposing levies on steel and aluminum from all U.S. trading partners, the White House restored and expanded Section 232 tariffs by eliminating hundreds of agreed-upon exemptions and exclusions approved by former President Joe Biden or during Trump’s first term.
The President announced last month that he was introducing new standards that mandate steel be “melted and poured” and aluminum be “smelted and cast” in North America to prevent nations like China from circumventing trade restrictions.
The purpose, Trump says, is to stop countries from taking advantage of the United States, to bolster domestic production, and to return jobs to the U.S. economy….