Trump set to announce steel and aluminium tariffs with more import duties due

President Donald Trump said he will announce on Monday that the United States will impose 25% tariffs on all steel and aluminium 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 on Sunday, speaking on Air Force One as he flew from Florida to New Orleans to attend the Super Bowl. When asked about aluminium, he responded: "Aluminium, too" suggesting they will be part of the trade penalties.

Trump also reiterated that he would announce "reciprocal tariffs" - "probably Tuesday or Wednesday" - meaning that the US would impose import duties on products in cases where another country has levied duties on US goods.

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

Trump's comments are the latest example of his willingness to threaten, and in some cases to impose, import taxes. Tariffs are coming much earlier in his presidency than during his previous four years in the White House, when he prioritised tax cuts and deregulation. Trump has alternately said he sees import taxes as tools to force concessions on issues such as immigration, but also as a source of revenue to help close the government's budget deficit.

The US President did not offer any details about the steel and aluminium duties, or the reciprocal tariffs. Trump had previously threatened 25% import taxes on all goods from Canada and Mexico, although he paused them for 30 days barely a week ago. At the same time, he proceeded to add 10% duties on imports from China.

However, on Friday, he said he would also delay the tariffs on the millions of small packages - often from