What Happened:

After the temporary avoidance of tariffs on Canada and Mexico, President Trump shifted focus on February 5, 2025, by announcing a new, separate tariff measure targeting imports of aluminum and steel.

Key Details:

• Renewed Focus on Metals:

The administration reiterated its longstanding concern over the vulnerability of U.S. manufacturing. The new tariffs—targeting aluminum and steel—were seen as a continuation of Trump’s earlier policies from 2018 but with renewed vigor and adjusted rates.

• Tariff Specifics:

Although the exact rates were subject to some revision, the administration confirmed that:

• Steel: Would face a renewed tariff, potentially around the 25% mark.

• Aluminum: Would be subject to a tariff in the vicinity of 10%.

These tariffs were meant to protect domestic production and secure the competitive position of U.S. industries.

• Context and Justification:

In his announcement, President Trump stated,

“To keep our industries competitive and safeguard our workers, we are taking even bolder steps by imposing separate tariffs on aluminum and steel.”

This announcement reinforced the administration’s dual strategy: using tariffs as both a negotiating tool in international trade and as a safeguard for key domestic sectors.

• Implications:

The move not only underscored the administration’s commitment to an “America First” policy but also indicated that even if tariffs on certain countries could be avoided through negotiations, the U.S. was willing to unilaterally impose measures where it saw persistent vulnerabilities in its industrial base.