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Trump's latest tariff plans on steel, aluminum and other imports are spreading uncertainty

SeattlePI.com Monday, 10 February 2025 ()
President Donald Trump is preparing to formally announce 25% tariffs on steel and aluminum imports. It's part of an aggressive effort to remake the existing terms of world trade that so far has compounded economic uncertainty. Trump also intends this week to reset U.S. taxes on all imports to match the same levels charged by other countries. And that comes on top of the 10% tariffs he already put on China, and the U.S. tariffs planned for Canada and Mexico that have been suspended until March 1. All of this carries inflation risks at a moment when voters are still weary of high prices and fearful that price increases will eclipse any income gains.
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