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    Price: Should billions in Section 232 revenue go to foreign manufacturers or to the American people?

    Written by Alan Price & Ted Brackemyre


    On February 10, 2025, President Trump signed executive orders imposing enhanced import duties on steel and aluminum products under Section 232 of the Trade Expansion Act of 1962.

    Building on the Section 232 duties originally imposed by the president during his first term, these orders eliminate country-wide exemptions and product-specific exclusions. They also expand the scope to cover certain downstream derivative products. Section 232 in addition raises the duties on aluminum imports from 10% to 25%.

    Alan Price

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    Ted Brackemyre

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