By Glam & Essence
The US President, Donald Trump,on Monday,signed an executive order that states that: “As of March 12, 2025, all imports of aluminium articles and derivative aluminium articles from Argentina, Australia, Canada, Mexico, EU countries, and the UK shall be subject to the additional ad valorem tariff.”
He issued a separate order for steel, which said it would apply to all imports from the same countries the aluminium tariffs hit, as well as to Brazil, Japan and South Korea.
He also said, “I’m simplifying our tariffs on steel and aluminium”. Trump maintains that the 25 per cent is without exceptions or exemptions.
The tariffs he just put in place would indirectly rub off on China.
This is because certain countries, particularly Mexico were accused of “using” their exemptions to get Chinese imports into the United States.
Mexico’s increased volume of steel imports from China also “support a conclusion that there is transhipment or further processing of steel mill articles from countries seeking to evade quantitative restrictions.”
Canada, Mexico and Brazil are among the biggest steel importers to the United States, followed by South Korea.
Trump has signalled is intention to impose additional tariffs on automobiles, pharmaceuticals and computer chips, and promised an announcement on Tuesday or Wednesday on broader “reciprocal tariffs” to match the levies other governments charge on US products.
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