Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.

U.S. tariffs could cause the prices of steel and aluminum cans to rise, an increase that may ultimately be passed on to consumers.

President Donald Trump on Monday imposed a 25% tariff on all steel and aluminum imports into the United States with no exceptions or exemptions.

President Trump on Monday ordered new tariffs on all steel and aluminum imports. Experts say some products could become pricier.

On Feb. 10, 2025, just a week after announcing country-specific, blanket tariffs on Canada, Mexico, and China, President Trump implemented his America First Trade Policy, signing two proclamations: Adjusting Imports of Steel Into the United States and Adjusting Imports of Aluminum Into the United States.

Metallus praised Trump's recent 25% tariff on steel and aluminum. Regional manufacturers say their operations shouldn't be majorly impacted.

Construction firms are likely to feel the squeeze within months if the new fees on imported materials take effect in March.

“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.

President Donald Trump reinstated 25% tariffs on global steel imports in a Feb. 10, 2025, proclamation, “ Adjusting Imports of Steel Into the United States .” In a second proclamation, Trump raised tariffs on global aluminum imports from 10% to 25%.