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New steel and aluminum tariff rates take effect Mar 12, executive orders show

New steel and aluminum tariff rates take effect Mar 12, executive orders show

A drone picture shows Alcoa's Becancour aluminum smelter, in Becancour, Quebec, Canada February 10, 2025. REUTERS/Bernard Brault

The new 25 per cent tariff rates on steel and aluminum imports into the United States are due to take effect on March 12, according to the executive orders signed by President Donald Trump on Monday.

A U.S. official earlier had said the new rates would take effect on March 4. The full texts of the orders were not released for several hours after Trump signed them.

(Reporting By Dan Burns; Editing by Kevin Liffey)

Source: Reuters
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