President Trump said he will announce 25 percent tariffs on steel and aluminum on Monday, adding that he would also kick off reciprocal tariffs in the days after.
Trump said that the steel and aluminum tariffs would impact “everybody” when asked what countries would be effected.
“Any steel coming into the United States is going to have a 25 percent tariff — aluminum too,” Trump told reporters. “Twenty-five percent … for both.”
He added that details of the reciprocal tariffs will be announced on Tuesday or Wednesday in a news conference.
On Friday, he warned that reciprocal tariffs would also be announced early next week, adding that he thinks reciprocal as opposed to a flat-fee tariff is the fair approach.