25% tariffs on steel and aluminum imports are expected today

President Trump is expected to release details on new tariffs today, targeting steel and aluminum imports. There are a few details right now, but it reaffirms his stand on taking back control over trade.

Trump told reporters aboard Air Force One that the U.S. will impose 25 percent tariffs on all steel and aluminum imports. President Trump also said he will announce reciprocal tariffs this week on any countries adding duties to the United States.

This all comes just one week after base tariffs on Canada and Mexico were put on pause for a month, as talks continue on securing both sides of the border.

Related Stories
With China halting U.S. soybean purchases and talks tied to broader strategic issues, growers face renewed export uncertainty.
Talks highlight the widening role of agriculture in U.S.–India trade policy, though neither side appears ready for major concessions before tariff issues and oil imports are resolved.
In a statement provided to RFD-TV News, a USDA spokesperson reiterated President Trump and the USDA’s commitment to farmers in difficult economic times.
China is not one of our top suppliers of cooking oil, according to USDA ERS data, but does export a lot of used cooking oil to the U.S. for biofuel production.
New U.S. fees on Chinese-owned and built ships took effect overnight, marking the latest escalation in maritime trade tensions between Washington and Beijing.
President Trump is expected to press Argentina to take a tougher stance on China in exchange for political and economic support.
Escalating U.S.–China tensions threaten soybean demand as farm finances are stretched further.
Plan for a cooler global trade market in 2026 with tighter margins on exports, potential rate shifts, and premiums for reliable deliveries into Asian and African growth markets.
Despite tariffs having a less significant impact on exports, corn producers struggle with tariff-related increases on inputs, which complicates their bottom line.