On Monday, February 10, US President Donald Trump announced the imposition of 25 percent tariffs on foreign steel and aluminum imports. Following his initial statement on Sunday, Trump also indicated that an additional set of reciprocal tariffs would be announced later in the week.

President Trump signed proclamations that raised the tariff rate on aluminum imports from the previous 10 percent, imposed in 2018, to 25 percent to support the struggling sector. This move reinstates a 25 percent tariff on millions of tons of steel and aluminum imports that had been entering the US duty-free under quota deals, exemptions, and product exclusions.

These proclamations extend Trump's 2018 Section 232 national security tariffs aimed at protecting steel and aluminum makers. "The steel and aluminum tariffs 2.0 will put an end to foreign dumping, boost domestic production, and secure our steel and aluminum industries as the backbone and pillar industries of America's economic and national security," Trump stated to reporters.