WASHINGTON—President Donald Trump signed two executive orders on Monday evening imposing tariffs on steel and aluminum.
The proclamations raise the tariff rate on aluminum imports to 25%, a hike from the previous 10% that Trump imposed in 2018, as well as a 25% tariff on steel imports and aluminum imports that were previously entering the United States duty-free through quota deals, product exclusions, and exemptions.
“This is a big deal,” the president told pool press gathered in the White House on Monday evening, “making America rich again.”
Trump’s senior counselor for trade and manufacturing, Peter Navarro, told reporters on a press call Monday afternoon that the president is “standing up for American steel and aluminum workers like no other leader has.”
“The steel and aluminum tariffs 2.0 will put an end to foreign dumping, boost domestic production, and secure our…
