Capital Wire News
Search
  • Business
  • Global
  • Market
  • Stock News
  • Technology
  • Economy
  • Energy
  • Personal Finance
Reading: Trump Expands Steel and Aluminum Tariffs
Share
Font ResizerAa
Capital Wire NewsCapital Wire News
  • Business
  • Global
  • Market
  • Stock News
  • Technology
  • Economy
  • Energy
  • Personal Finance
Search
  • Business
  • Global
  • Market
  • Stock News
  • Technology
  • Economy
  • Energy
  • Personal Finance
Follow US
Home » Trump Expands Steel and Aluminum Tariffs
Commodities

Trump Expands Steel and Aluminum Tariffs

By
Last updated:
2 Min Read
Share
trump-expands-steel-and-aluminum-tariffs

Hundreds of products added

The Trump administration has widened the scope of its 50% tariffs on steel and aluminum imports by adding hundreds of derivative products to the list. According to a Federal Register notice released Friday, the Commerce Department’s Bureau of Industry and Security added 407 product codes to the Harmonized Tariff Schedule of the United States. These new entries cover a wide range of goods whose steel and aluminum content will now be subject to the same levy.

Tariffs take effect August 18

The notice clarified that while the duties apply to the steel and aluminum components of these products, non-metal content will still be taxed at the rates previously imposed on imports from targeted countries. The expansion of the list means many downstream products manufactured with steel and aluminum inputs will now face higher costs at U.S. ports of entry. These tariffs officially go into effect on August 18.

Strategic trade move

Earlier that same day, President Donald Trump told reporters aboard Air Force One that more trade measures were being planned. He specifically mentioned additional tariffs on steel as well as new levies aimed at semiconductor imports. The announcement was made as the president traveled to Alaska for a scheduled meeting with Russian President Vladimir Putin, signaling that Washington was preparing to broaden its use of tariffs as a geopolitical and economic tool.

Broader implications

The widening of the tariff net underscores the administration’s approach of protecting U.S. industries by targeting not only raw materials but also derivative goods. Analysts note that this strategy could create ripple effects throughout supply chains, raising costs for U.S. manufacturers who rely on imported steel and aluminum components. With semiconductors also mentioned as a potential next target, trade tensions may soon extend further into the high-tech sector, adding to the uncertainty already facing global markets.

TAGGED:aluminum importsBureau of Industry and SecurityCommerce Departmentderivative productsHarmonized Tariff Schedulesemiconductor tariffssteel importsTrump tariffsU.S. manufacturing costsU.S. trade policy
Share This Article
Facebook Email Copy Link Print

HOT NEWS

gold-and-silver-surge-to-record-highs-amid-global-turmoil

Gold and Silver Surge to Record Highs Amid Global Turmoil

Commodities
microsoft-tests-new-agent-workspace-as-windows-11-shifts-toward-ai

Microsoft Tests New Agent Workspace as Windows 11 Shifts Toward AI

Experimental Agent Features Begin Rolling Out to Windows Insiders Microsoft is continuing its push to…

new-u.s.-tariffs-may-raise-prices-for-everyday-goods

New U.S. Tariffs May Raise Prices for Everyday Goods

American consumers are bracing for rising prices as the Trump administration rolls out a sweeping…

germany-halts-military-exports-to-israel-over-gaza-war

Germany Halts Military Exports to Israel Over Gaza War

Germany has paused all military exports to Israel that could be used in Gaza, marking…

YOU MAY ALSO LIKE

Tariffs Push Housing Costs Even Higher

New Levies Hit Home Goods President Donald Trump announced new tariffs on housing-related goods that could make remodeling and decorating…

Economy

China’s Gold Rule Shakes Global Markets

Insurers Ordered Into Bullion China has taken a step that may permanently reshape the gold market. Its insurance regulator now…

Commodities

China’s Aluminium Imports Surge in July

Strong growth in unwrought aluminium China’s imports of unwrought aluminium and related products jumped significantly in July, rising 38.2% year-on-year.…

Commodities

Canada Emerges as Hidden Gold Lifeline for China

Customs Data Reveals a Massive Discrepancy China’s official customs figures show that imports of Canadian gold are far larger than…

Commodities
We use our own and third-party cookies to improve our services, personalise your advertising and remember your preferences.

Links

  • About
  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 Island Marketing. All Rights Reserved.

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?