Trump says he will announce 25% steel and aluminum tariffs Monday, and more import duties are coming

Tariffs coming Monday?

Photo: The Canadian Press

President Donald Trump, from right, speaks to reporters accompanied by Interior Secretary Doug Burgum and Burgum's wife Kathryn Burgum, aboard Air Force One where Trump signed a proclamation declaring Feb. 9 “the first ever Gulf of America Day," as he travels from West Palm Beach, Fla. to New Orleans, Sunday, Feb. 9, 2025. (AP Photo/Ben Curtis)

President Donald Trump said he will announce on Monday that the United States will impose 25% tariffs on all steel and aluminum imports, including from Canada and Mexico, as well as other import duties later in the week.

“Any steel coming into the United States is going to have a 25% tariff,” he told reporters Sunday on Air Force One as he flew from Florida to New Orleans to attend the Super Bowl. When asked about aluminum, he responded, “aluminum, too” will be subject to the trade penalties.

Trump also reaffirmed that he would announce “reciprocal tariffs” —“probably Tuesday or Wednesday" — meaning that the U.S. would impose import duties on products in cases where another country has levied duties on U.S. goods.

“If they are charging us 130% and we’re charging them nothing, it’s not going to stay that way,” he told reporters.