Summary

Media caption,

Trump announces 25% tariffs on steel and aluminum imports

  1. Trump's tariff announcements - a recappublished at 10:57 Greenwich Mean Time 10 February

    Gantry cranes and shipping containers at the Yangshan Deepwater Port in Shanghai, ChinaImage source, Getty Images

    In case you need a reminder, here are the tariffs Trump has announced since the start of his second term as president:

    On Tuesday, Chinese imports to the US were hit with 10% tariffs. Beijing retaliated with tit-for-tat levies on US goods, including a 15% border tax on imports of coal and liquefied natural gas products and a 10% tariff on crude oil, large-engine cars and agricultural machinery.

    The president also threatened Canada and Mexico with 25% tariffs, but has agreed to hold off on implementing them for 30 days after talks.

    Now, Trump is set to introduce a 25% import tax on all steel and aluminium entering the US, saying onboard Air Force One that these would be for "everyone".

    In the early days of his presidency, Trump told the BBC that tariffs on EU goods could happen “pretty soon”, but that a deal could be worked out with the UK.

  2. 'Blooms, billets and slabs': US's biggest steel imports and who supplies thempublished at 10:40 Greenwich Mean Time 10 February

    Dearbail Jordan
    Business reporter

    Rows of steel rectangles on a different platformsImage source, Getty Images
    Image caption,

    Blooms can be used to make rails, and are one of the US's biggest steel imports

    The biggest exporters of steel to the US can be found to its north and south - Canada is by far the largest.

    In 2024, according to the American Iron and Steel Institute, Canada exported 6.6 millions tonnes to the US.

    That is followed by Brazil at 4.5 million tonnes and then Mexico, which sent 3.5 million tonnes of steel to the US last year.

    China is right down the list, in 10th place with 508,000 tonnes, which is perhaps not surprising since Trump imposed tariffs on Chinese steel during his first term and border taxes were kept in place by Joe Biden.

    And, if you’re really interested in the minutiae, the institute says the biggest steel products imported into the US in 2024 were “blooms, billets and slabs”.

    That might sound like a cheesy hip-hop combo from the 90s but they are, in fact, a kind of in-between semi-finished product - so a “bloom” is a piece of steel that can be rectangular in shape and is used to make things like rails.

  3. What is a tariff?published at 10:18 Greenwich Mean Time 10 February

    Dearbail Jordan
    Business reporter

    A tariff is basically a tax that is added to a product when it enters a country. Tariffs are paid by the company buying the product – not the overseas business that is selling the product.

    The tariff charged is proportional to the value of the imported goods. So, for example, if a roll of steel worth $50,000 (£40,327) with a 25% tariff is imported into the US, the American company buying the steel would pay an additional $12,500.

    In that sense, it is a straightforward tax that is paid by an American company to the US government.

  4. Targeting steel is a risky strategypublished at 10:08 Greenwich Mean Time 10 February

    Theo Leggett
    International business correspondent

    Steel production in the US is heavily politicised. National security is often cited as a reason for protecting the industry from foreign competition.

    The US, so the argument goes, needs to be capable of producing enough high quality steel to supply its military in the event of a national emergency without relying on imports.

    That argument has been enthusiastically embraced by unions, anxious to protect the jobs of tens of thousands of workers across the Rust Belt in the Midwest and northeastern states.

    It was cited by former President Joe Biden in December as a reason for blocking the takeover of US Steel, something of a fallen giant in the industry, by the Japanese firm Nippon Steel.

    By targeting steel (and aluminium) imports, the Trump administration may feel it can put pressure on trading partners while winning useful political capital at home.

    But it is a risky strategy. Not only would these tariffs be likely to push up prices for a range of products dependent on foreign steel, fuelling inflation, they could also lead to retaliation from other countries – potentially hurting US exporters.

  5. Trump to unveil tariffs on steel and aluminiumpublished at 10:00 Greenwich Mean Time 10 February

    Imogen James
    Live reporter

    As America begins to stir, we're expecting President Donald Trump to introduce levies on all steel and aluminium entering the country - a move that will have the biggest impact on Canada.

    It's the latest in 10 days of tariff announcements from the president, who says he will unveil a series of new levies later in the week - although he did not specify which countries will be targeted.

    Speaking aboard Air Force One, Trump said he would announce the steel and aluminium tariffs on "everybody". He told reporters: "If they charge us, we charge them."

    The announcement follows China's introduction of tit-for-tat import taxes on some American goods.

    Chinese government spokesperson Guo Jiakun said: "There are no winners in a trade war or tariff battle. What is harmed are the interests of the people of both countries."

    The tariffs that started this all off, 25% against Canadian and Mexican products, have been delayed until early March, following talks.

    Stick with us for the latest news, analysis and reaction throughout the day, from our teams in London and the US.

  6. Trump announces fresh tariffspublished at 23:12 Greenwich Mean Time 9 February

    Donald Trump wearing a suit and red tie with people in the backgroundImage source, Getty Images

    Donald Trump had already secured headlines today by becoming the first sitting US president to attend the Super Bowl.

    When his plane touched down in New Orleans ahead of the game, journalists travelling onboard Air Force One began reporting that the president would be announcing fresh tariffs on all steel and aluminium imports starting Monday.

    He did not specify which countries would be targeted by the 25% tariffs, but Ontario's Doug Ford - who leads the Canadian province that is the beating heart of their steel industry - was quick to point out that it would be America's northern neighbours who would once again be feeling the levy pain.

    Details are sparse, and Trump also said he plans to impose "reciprocal tariffs" on all countries shortly - and they could be coming into effect "almost immediately".

    "Very simply, it's if they charge us, we charge them," Trump said.

    We'll bring you updates on this developing story tomorrow, when the president said he would officially unveil them.

  7. Ontario leader accuses Trump of 'shifting goalposts'published at 22:45 Greenwich Mean Time 9 February

    Doug Ford wearing a suit and tie and a hat that says Canada is not for saleImage source, Reuters

    We're getting some reaction on the new trade tariffs that Trump just announced.

    Doug Ford, the premier of Ontario, which is the province where Canada's steel industry is concentrated and the country's most populous, is accusing the US president of "shifting goalposts" just days after the two countries narrowly avoided a trade war.

    Ford says the next four years of Trump's presidency is "constant chaos, putting our economy at risk".

    "I’m asking the people for a strong, stable, four-year mandate that outlasts the Trump administration to do whatever it takes, to always be ready to protect Ontario," he adds in a post on X, external.

  8. 'Reciprocal tariffs' will apply to everyone - Trumppublished at 22:27 Greenwich Mean Time 9 February

    More now on the news that Trump plans to announce 25% tariffs on all steel and aluminium imports on Monday.

    Donald Trump told journalists travelling with him on Air Force One that these taxes will apply to "any steel" and aluminium coming into the US.

    He also says that on "Tuesday or Wednesday" he'll be announcing "reciprocal tariffs" on countries that will take effect "almost immediately" after the announcement.

    "Very simply, it's if they charge us, we charge them," he says about the tariffs, adding that "it'll be great for everybody, including other countries".

    Trump says the reciprocal tariffs would apply to "every country" but that it won't have as big an impact on countries that already have "similar tariffs" to the US.

    "The ones that are taking advantage of the United States, we're going to have reciprocal [tariffs]," he says.

  9. New tariffs come days after trade threats with Canada and Mexico were pausedpublished at 22:21 Greenwich Mean Time 9 February

    Large cargos are seen at a trade port, many of them with the logo Maersk, Evergreen and HyundaiImage source, Reuters

    As we've been reporting, Trump has just said in the last hour that he will be announcing 25% tariffs on all steel and aluminium imports tomorrow, without specifying which countries would be targeted.

    It comes just days after Trump reached deals with Canada and Mexico to avoid 25% tariffs that he had threatened on all goods from the countries. Both countries agreed to beef-up border security to help halt the flow of fentanyl and clamp down on migration - both key criticisms of Trump's.

    It also comes years after Trump imposed 25% tariffs on steel imports and 10% on aluminium imports from Canada, Mexico and the European Union.

    The US reached a deal a year later with Canada and Mexico to end those tariffs, but the EU import taxes were not resolved until the Biden administration.

  10. President recognises 'Gulf of America Day' in executive orderpublished at 22:06 Greenwich Mean Time 9 February

    Donald Trump signs an executive order. A map is behind him, with a label saying Gulf of AmericaImage source, Getty Images

    While travelling on Air Force One, President Donald Trump signed an executive order that recognises 9 February as "Gulf of America Day", a statement from the White House says.

    In the White House statement, Trump says he has done this because it is "fitting and appropriate" for the US to "come together and commemorate this momentous occasion and the renaming of the Gulf of America".

    As a reminder, shortly after being sworn in as president last month, he renamed the Gulf of Mexico the "Gulf of America".

  11. Trump doubles down on Gaza proposalpublished at 21:58 Greenwich Mean Time 9 February

    Gaza also came up during the president's talk with reporters travelling on Air Force One.

    Last week, he sparked a backlash when he said the US should "take over" Gaza and that Palestinians should settle elsewhere in the Middle East.

    Today, he said he was committed to buying and owning Gaza and would possibly give sections of it to other states in the Middle East to rebuild.

    Palestinians in Gaza would not want to go back after finding better places to live, he claimed.

    He said he wanted to make it into a good site for future development and take care of the Palestinians.

    He added that he would consider cases of allowing Palestinian refugees into the US.

  12. Trump says he will impose 25% tariffs on all steel and aluminium importspublished at 21:44 Greenwich Mean Time 9 February
    Breaking

    Donald Trump has just told reporters travelling with him on Air Force One that he will announce 25% tariffs on all steel and aluminium imports on Monday.

    He also said that there would be an announcement on Tuesday about reciprocal tariffs on countries, but he did not specify which ones would be targeted.

    "If they charge us, we charge them," Trump said.

  13. Trump alleges that USAID is a 'big scam'published at 21:26 Greenwich Mean Time 9 February

    During the last clip of Trump's interview aired by Fox News, the president takes aim at the US Agency for International Development (USAID), a department he has tried to dismantle and rehome within other agencies.

    As a part of those plans, he tried to put thousands of overseas USAID workers on leave and force their returns home, a move a judge put on hold on Friday.

    "We're talking about hundreds of millions of dollars of money that's going to places where it shouldn't be going," Trump alleged of USAID, without providing evidence. "It's crazy. It's a big scam."

    Trump added there was "some good money" that he wanted to allow his Secretary of State Marco Rubio to allocate.

    Trump added that the people who elected him wanted him to root out fraud.

    "I've had a great help with Elon Musk, who's been terrific," he said.

    The rest of the Fox News interview with the president will air tomorrow.

  14. I had 'tremendous opposition' in first term, Trump sayspublished at 21:14 Greenwich Mean Time 9 February

    Donald Trump gives an exclusive interview to Fox NewsImage source, Fox News

    President Donald Trump was also asked in his interview with Fox News what the main difference is between his first term as president of the United States - which ended in January 2021 - and his current term as the 47th president.

    "With the 45th, I had tremendous opposition but I didn't know people and I didn't have the kind of support that I needed," he said.

    He added that he put some "really great" people in office but some, he said without specifying who he was talking about, wouldn't have put in office had he had the benefit of hindsight.

    "I would have, you know, known better if it were a couple of years later, if I had a little more experience in DC, I was a New York person, not a DC person, and I had a lot of opposition," he told Bret Baier.

  15. Trump repeats that he'd like to see Canada become '51st state'published at 21:07 Greenwich Mean Time 9 February

    During his Fox News interview, Trump was asked about his previous comments that he wants to make Canada a 51st state and join the US.

    "I think Canada would be much better off being a 51st state because we lose $200bn a year with Canada, and I'm not going to let that happen," he says.

    A senior official later clarified to CNN the $200bn (£161bn) was comprised of US defence spending that Canada benefits from, and the rest is from the trade US-Canada trade deficit.

    "If they're a 51st state, I don't mind doing it," Trump adds.

  16. President Trump’s flurry of activity continuespublished at 20:30 Greenwich Mean Time 9 February

    A man with sunglasses and a face covering holds a sign that says "Save CFPB"Image source, Reuters
    Image caption,

    Protesters against the Trump administration's recent policy announcements gathered yesterday outside the offices of the Consumer Financial Protection Bureau

    Donald Trump was sworn-in as president less than three weeks ago, but he's managed to squeeze a lot in during that short time period.

    The Trump administration has moved fast on many different fronts, aiming to slash government spending and close whole departments - but also remaking foreign policy with threats of tariffs and introducing controversial proposals like relocating Palestinians from Gaza.

    Over the last few days Elon Musk and a small band of cost cutting subordinates have taken aim at the US Agency for International Development and the Consumer Financial Protection Bureau (CFPB), an agency set up to rein in banks after the economic crisis which began in 2007.

    One CFPB employee, who does not want to be named for fear of reprisals, tells the BBC that employees from the Department of Government Efficiency (Doge) have been walking the bureau’s hallways, questioning employees and refusing to identify themselves.

    Over the past week the Trump administration also announced a taskforce to tackle “anti-Christian bias”, ordered a bombing raid in Somalia, told schools that they would be denied federal funding if they allow transgender athletes to compete on women's and girl's sports teams and started sending migrants to Guantanmo Bay in Cuba.

    We’ve been keeping track of developments and you can read more about the latest in our explainer: 17 things Trump and his team did this week.

  17. Trump boards Air Force Onepublished at 19:53 Greenwich Mean Time 9 February

    Media caption,

    Trump boards Air Force One on his way to Super Bowl

    US President Donald Trump has just boarded Air Force One at Palm Beach International Airport in Florida.

    He's on his way to New Orleans to watch the Super Bowl.

    When he gets to Caesars Superdome, the White House says he will meet with family members of the victims of the attack in New Orleans, as well as emergency responders.

  18. Netanyahu says Trump provides possibilities Israel 'never dreamed of'published at 19:46 Greenwich Mean Time 9 February

    Donald Trump and Benjamin NetanyahuImage source, Getty Images

    Speaking to members of his cabinet on Sunday after a recent visit to the US, Israeli Prime Minister Benjamin Netanyahu praised Donald Trump and the "historic" visit he had with the President.

    He said the two had talks that could lead to "tremendous achievements that can ensure Israel's security for generations".

    "I am not exaggerating. There are opportunities here for possibilities that I think we never dreamed of, or at least until a few months ago they did not seem possible - but they are possible," he told his cabinet.

    The prime minister said the two leaders discussed shared goals of getting rid of Hamas, returning all hostages and "ensuring that Gaza no longer poses a threat to Israel".

    "President Trump came with a completely different vision, much better for the State of Israel," he said. "He is very determined to carry it out. It also opens up many possibilities for us."

    During Netanyahu's visit, Trump said Gaza "will be turned over" to the US after the fighting ends.

  19. The presidential interview: a revived Super Bowl traditionpublished at 19:30 Greenwich Mean Time 9 February

    A trophy with the logo of the National football League, flanked by American flags and the George Washington painting in the backgroundImage source, Reuters

    When President Trump sits down with Fox News anchor Bret Baier in about 30 minutes. he’ll be reviving a tradition that began more than two decades ago.

    In 2004, then-president George Bush chatted with sports announcer Jim Nantz prior to the big game.

    The questions were not exactly difficult. Bush was asked whether Super Bowl Sunday was becoming something like a national holiday, and whether he was cheering for the New England Patriots. On the latter, Bush deftly deflected and said he only picked a side when a team from Texas is playing in the big game.

    That set a pattern, with presidents being afforded the opportunity to talk to the country in the midst of the biggest televised event of the year. The Super Bowl rotates among the four main US broadcasters – CBS, NBC, ABC and Fox. And over the years, news journalists from those networks replaced the sports announcers, and the questions got a little bit tougher.

    In recent years the tradition has been broken a few times. Trump refused to talk to NBC in 2018. Joe Biden declined to talk to Fox two years ago and turned down CBS last year – which further fuelled rumours about his age and mental decline.

    This year there’s plenty to talk about, and political pundits will watch closely to see how much Baier pushes Trump - even if most Americans are more interested in the actual game.

  20. More migrant detainees arrive in Guantanamo Baypublished at 19:18 Greenwich Mean Time 9 February

    A map showing Guantanamo Bay and the location of the main US naval base

    A fourth flight carrying migrant detainees arrived in Guantanamo Bay yesterday, according to the BBC's US partner CBS News.

    There are now more than 50 Venezuelan migrants with alleged criminal records or ties to gangs, US officials told the outlet.

    Earlier, as we reported, Homeland Secretary Kristi Noem defended the Trump administration's use of the US military base in Cuba to hold migrants.

    Pressed on whether such plans were legal, she told CNN: "We are standing up the operations, believing we have all legal right and authority to do so."