President Trump to Impose Steel Tariffs
March 6, 2018 - On Thursday, March 1, President Trump announced his intention to impose a 25% tariff on imported steel from all countries. The formal imposition is expected to take effect this week. The announcement follows the U.S. Department of Commerce’ February 16 finding that steel imports threaten U.S. national security. This finding, under Section 232 of the Trade Expansion Act of 1962, required the President to make a decision, one way or the other, on steel import tariffs by April 11, 2018.