Trump Announces 25% Tariffs on Steel, Aluminum
February 11, 2025
8,703
348
74
4.85%
Search the Record
IndexedEvery word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
Bloomberg News Episodes Around February 11, 2025
See what was published immediately before and after this episode.
0:45Now PlayingTrump Announces 25% Tariffs on Steel, Aluminum
YouTube Description
as posted by the channelPresident Donald Trump ordered a 25% tariff on steel and aluminum imports, escalating his efforts to protect politically important US industries with levies hitting some of the country’s closest allies.
The tariffs will apply widely to all US imports of steel and aluminum, including from Canada and Mexico, the country’s top two foreign suppliers of the metals. The levies, which also include finished metal products, are meant to crack down on what administration officials said were efforts by countries like Russia and China to circumvent existing duties.
Trump cast the effort as one which would help bolster domestic production and bring more jobs to the US, and warned that the rate on metal tariffs “may go higher.” The new rates will go into effect on March 4, a US official said.
“Essentially, we’re putting on a 25% tariff, without exception, on all aluminum and all steel, and it’s going to mean a lot of businesses are going to be opening in the United States,” Trump said Monday as he signed the measures in the Oval Office.
--------
Subscribe to our YouTube channel
Subscribe to Bloomberg Originals
Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.
Connect with us on…
Breaking News on YouTube
Guests & Subjects Covered
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.