Speaking to reporters on Air Force One ahead of the the NFL Super Bowl in New Orleans, he added he will also announce reciprocal tariffs later this week.
The largest sources of US steel imports are Canada, Brazil and Mexico, followed by South Korea and Vietnam, according to government and American Iron and Steel Institute data.
“Canadian steel and aluminum support key industries in the U.S. from defence, shipbuilding and auto,” Canadian Innovation Minister Francois-Philippe Champagne posted on X.
Trump became the first sitting president to attend the Super Bowl in person (Photo: David J. Phillip/AP)
Australia’s Prime Minister Anthony Albanese reacted to the development telling parliament on Monday he would raise it in a talk the two leaders have scheduled.
Analysts said such tariffs would bring more uncertainty to global markets.
“Instead, the impact will be more pronounced on countries like Canada, Mexico, the EU, Japan, South Korea, Taiwan, and Brazil.
Trump during his first term imposed tariffs of 25% on steel and 10% on aluminum, but later granted several trading partners duty-free exemptions, including Canada, Mexico and Brazil.
Former President Joe Biden later negotiated duty-free quota arrangements with Britain, the European Union and Japan.
Separately, Trump told Fox News that Canada’s and Mexico’s actions to secure their US borders and halt the flow of drugs and migrants are insufficient ahead of a 1 March tariff deadline.
Trump did not say what Canada and Mexico needed to do to avoid broad tariffs by the deadline.
On Sunday Trump became the first sitting president to attend the Super Bowl in person.
With agencies
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