12,369.89 TRY BIST 100 BIST 100
50.12 EUR EUR EUR
43.17 USD USD USD
6.23 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
36.80 TRY Interest Interest
63.54 USD Fossil Oil Fossil Oil
5.87 USD Copper Copper
126.39 USD Silver Silver
106.07 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,415.80 TRY Gold (gr) Gold (gr)
106.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Trump imposes new tariffs on steel and aluminum

US President Donald Trump announced tariffs of 50 percent on steel and aluminum products.

Trump imposes new tariffs on steel and aluminum

The Trump administration has expanded existing tariffs to cover hundreds of additional products. The US Department of Commerce's Bureau of Industry and Security announced in a Federal Register notice published on Friday that 407 new product codes have been added to the US Harmonized Tariff Schedule and that these products will be subject to tariffs based on their steel and aluminum content.

The notice also stated that customs duties currently applied to goods from certain countries for non-steel and non-aluminum components will remain in effect.

The expanded tariffs took effect on August 18. President Trump told reporters that he would make further announcements in the coming days regarding new tariff decisions targeting steel tariffs and semiconductor imports.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Türkiye allocated TL 261.5 billion for railway investments in 2026

Saturday, January 17, 2026

CSN begins strategic asset sales to reduce its debt to R$ 18 billion

Saturday, January 17, 2026

China and Canada reached an agreement on electric vehicle tariffs

Friday, January 16, 2026

The period for purchasing without VAT under the inward processing regime has been extended by 5 years

Saturday, January 17, 2026

Indonesia launched a tax evasion investigation into foreign companies in the steel and construction sectors

Friday, January 16, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now