Washington, February 10: President Donald Trump said he will announce on Monday that the United States will impose 25% tariffs on all steel and aluminum imports, including from Canada and Mexico, as well as other import duties later in the week.

“Any steel coming into the United States is going to have a 25% tariff,” he told reporters Sunday on Air Force One as he flew from Florida to New Orleans to attend the Super Bowl. When asked about aluminum, he responded, “aluminum, too” will be subject to the trade penalties. Donald Trump Tariffs: US President Mulls 10% Tariff on EU, Says Report.

Trump also reaffirmed that he would announce “reciprocal tariffs” —“probably Tuesday or Wednesday" — meaning that the U.S. would impose import duties on products in cases where another country has levied duties on U.S. goods. “If they are charging us 130% and we're charging them nothing, it's not going to stay that way,” he told reporters.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)