Reuters: US President Donald Trump said on Sunday that he will be announcing on Monday 25% tariffs on all steel and aluminium imports into the U.S.
Trump, speaking to reporters on Air Force One, also said he will announce reciprocal tariffs on Tuesday or Wednesday, to take effect almost immediately.
Related: Trump to Announce Reciprocal Tariffs: Is a New Stock Dip Coming?
Trump’s 25% Tariffs on Steel & Aluminum: What It Means for Stocks