Morning Briefing Americas

President Trump Plans to Impose Tariffs on Steel and Aluminum

Rolls of coiled steel at a Canadian steel plant.Photographer: James MacDonald/Bloomberg

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By James Ludden

February 10, 2025 at 11:53 AM UTC

Good morning. Tariffs are back on the agenda, and this time it’s steel. TikTok users won’t have to worry so much about Elon Musk. And why the Super Bowl halftime show was a big diss. Listen to the day’s top stories.

Today’s tariff targets are...aluminum and steel. President Trump plans to impose 25% levies on all imports of the metals (he didn’t say exactly when, though). He’s also looking to slap reciprocal tariffs on all countries that tax US imports—that announcement may come this week and could be enacted “almost immediately.” As for the future of US Steel, Trump and Japan’s Prime Minister Shigeru Ishiba said Nippon Steel may invest in the company, rather than buy it outright.