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US Imports of Steel and Aluminium: Tariffs Perspective On March 8, 2018, US president Donald Trump issued two proclamations to adjust US imports of aluminum and steel from all countries except Canada and Mexico, key regional allies and trade partners. President Trump asserted that a 25 percent tariff on steel “articles” and a 10 percent tariff on aluminum articles are necessary for the US to develop its domestic steel and aluminum industries and to protect and create jobs. The US is the world's largest importer of the steel and aluminum articles covered by the proclamations. The import value of steel articles has declined twofold in the last two years, yet remains 32 percent greater than in 2009 and double the value in 2003. In contrast, the value of aluminum articles imported during the last...
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