Source:
The Hill
| January 24, 2020 | Tal Axelrod
President Trump on Friday signed a proclamation expanding tariffs on steel and aluminum imports from some countries.
The proclamation boosts tariffs on derivative steel products by another 25 percent and increases tariffs on derivative aluminum products by another 10 percent. The increase expands on existing tariffs that had sat at 25 percent on steel and 10 percent on aluminum.
Trump exempted several countries from the increase: Argentina, Australia, Brazil, Canada, Mexico and South Korea are exempt from the additional tariffs on steel products, and Argentina, Australia, Canada and Mexico are exempt from the added tariffs on aluminum goods.
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