A US tariff of 25 percent on imports of steel and aluminum came into effect on Wednesday morning Danish time. This is reported by the news agency Reuters. US President Donald Trump announced in February that he would impose tariffs on steel and aluminum from all countries.
According to the White House, the tariff is "without exceptions or waivers". This means that the tariffs apply to all US imports of both metals.
On Tuesday, Trump wrote in a post on his social media, Truth Social, that he had asked his commerce secretary to impose an additional tariff of a total of 50 percent on imports of steel and aluminum from Canada. The additional tariff was to come into effect on Wednesday morning Danish time.
According to Reuters, the announcement of a doubling of the tariff rate came in response to the province of Ontario in Canada imposing a 25 percent tariff on electricity supplied to the United States. Subsequently, Canada and the United States began talks on economic relations between the two countries. This led Doug Fort, the premier of Ontario, to withdraw the province's tariffs on electricity.
Later on Tuesday, White House trade adviser Peter Navarro said, according to the AFP news agency, that the United States would not double tariffs on steel and aluminum imports from Canada on Wednesday.
The largest share of steel imported into the United States comes from Canada, Mexico and Brazil. This is shown by data from the US government and the American Steel Association, AISI.
During his first term as president, Donald Trump also imposed a tariff of 25 percent on steel imports and 10 percent on aluminum imports. He later introduced duty-free quotas on imports of these raw materials from countries such as Canada, Mexico and Brazil.
Former President Joe Biden expanded the duty-free quotas at the time to also include iron and aluminum from Britain, Japan and the EU.
/ritzau/
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