Steel, cars, copper: the growing list of US import tariffs by category, not country
While those country-by-country outcomes have captured much of Trump's trade spotlight, the US has also raised tariffs on a series of product sectors – in some cases, made anywhere in the world – affecting producers from China to Canada. Copper was the latest target this week.
The US now levies tariffs on the following imports, or is studying whether to add them:
Steel and aluminium. Washington imposed 50 per cent tariff on imports of the two metals in early June, doubling an earlier rate. Steel and aluminium derivatives are also on the list.
US Secretary of Commerce Howard Lutnick had advised Trump that 'steel articles are being imported into the United States in such quantities and under such circumstances as to threaten to impair the national security of the United States', the White House said in a June 3 statement.
Britain received an exemption from the 50 per cent rate on May 8, paying 25 per cent instead, as part of a preliminary trade deal between London and Washington. The 50 per cent rate could kick in if Britain and the US fail to reach a final deal by this week.
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