Donald Trump’s steel and aluminium tariffs expected to push up US import costs by $100bn
Frequent changes to levies make it difficult to predict how trade of the metals would be affected
Frequent changes to levies make it difficult to predict how trade of the metals would be affected

Latest softening of levies comes amid persistent voter anxiety about affordability in US

US President Donald Trump announces levies on dozens of countries and formalises some trade deals

Recycling plants in the bloc are shutting down capacity as US producers can pay more for European scrap metal

Ottawa places 100% tariffs on non-US shipments of the metals and may soon ‘adjust’ 25% counter-levies from its neighbour

Higher levies mean rising costs for importing into the US, parts procurement and supply chain adjustments

US administration has other ways to hit trading partners with duties