Steel News

We strive to let you one step ahead of the market.

Trump announces 25% tariffs on car imports to US

27 Mar 2025 17:19 reported by Iona Chen

A A A
US President Donald Trump has announced new import tariffs of 25% on cars and car parts entering the US as of April 2. 

These tariffs apply to vehicles that are not produced in the US or not assembled in the US. The new automotive tariff will be imposed on top of the existing 2.5% tariff.

The US government decided to implement an equal tariff policy on April 2. Some market participants anticipate that this measure will target countries contributing to the trade deficit, such as China, Germany, and Taiwan, while the specific tax rate will be based on varying conditions.

Back to Steel News

Related News

South Korea strengthens steel industry support through import monitoring and funding

  • Government Policies
  • 10 Jul 2026 15:52

US sets 73.33% preliminary subsidy rate on Algerian steel wire rod

  • Government Policies
  • 10 Jul 2026 15:45

India extends AD duties on China’s seamless steel tubes until January 27, 2027

  • Government Policies
  • 9 Jul 2026 15:23

Brazil launches AD probe on welded carbon steel pipe imports from China

  • Government Policies
  • 9 Jul 2026 15:23

India proposes carbon targets for steel industry

  • Government Policies
  • 8 Jul 2026 16:21

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 3,620.00
  • 3,613.00
  • Aluminum
  • 3,163.00
  • 3,168.50
  • Copper
  • 13,356.00
  • 13,410.50
  • Nickel
  • 16,345.00
  • 16,525.00

Learn more