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US President Donald Trump goes with Senior Vice President of the North American Flat Walking segment and chief Production Director of Scott Bakis, Irwin and Fairless Plant Donald and Mon Valley Works Corporation Vice Corporation Kurt Steel-Irwin Works West Mifflin, Pennsylvania, USA, 30, 2025.
Leah milis | Reuters
A Trump administration quietly expanded their 50% steel and aluminum tariffs Enable more than 400 additional products, significantly increasing the reach and influence of this trading program.
New tariffsthat came into force on Monday, expand the sphere of action standing by the president Donald Trump Previously announced on valuable goods. Now the list of tariffs covers such products as fire extinguishers, machines, building materials and special chemicals that either contain or are contained in aluminum or steel.
“Automobile parts, chemicals, plastics, furniture components – in particular, if it is brilliant, metal or remote, associated with steel or aluminum Kuehne + Nagel International Ag wrote on LinkedIn Extended list.
“This is not just another tariff – it is a strategic shift in how the derivatives of steel and aluminum manufacturers are regulated,” he continued.
Tips continue up to 407 new products, Department of Trade said on Tuesday.
“Today’s actions expand the reach of steel and aluminum tariffs and close avenues to bypass – supporting the permanent revival of the American steel and the aluminum industry,” Jeffrey Kesler said in a statement.
Issue from the agency binds to A list that defines Recently included types of products only by certain customs codes belonging to them, not what products are actually called.
For example, commerce defines the category of fire extinguishers only as “8424.10.00”, a 10-digit code, buried among hundreds of other 10-digit codes.
This format is very complicated by the public to get a complete picture of all products that are exposed to expanded tariffs on Monday.
But experts say the impact will be huge.
“According to my count, steel and aluminum tariffs are now affected by at least $ 320 billion on the basis of the total customs value of 2024,” Jason Miller, Professor of Michigan State University’s supply chains, wrote on LinkedIn.
‘This will add more inflation pressure on the already rock climbing that charges domestic manufacturers“ He continued.
President Donald Trump has repeatedly relied on Tariffs characteristic of the sector for accepting your extensive trading program.
In June, Trump announced that the tariffs for imports of steel and aluminum to 50% for most countries have doubled, introduced a broad uncertainty among enterprises and US trading partners that depend on valuable goods.
The White House did not immediately respond to the CNBC request to comment on whether new metal tariffs for the top tariffs related to the countries that Trump also announced.
