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    Government/Policy

    March 4, 2025

    Trump imposes universal tariffs on top US trading partners

    Written by Laura Miller

    President Trump has followed through on his tariff threats against Canada and Mexico. On Tuesday, he invoked the International Emergency Economic Powers Act (IEEPA), imposing a 25% universal tariff on America’s nearest neighbors and top trading partners.

    Trump first announced the sweeping tariffs in late January. Canada and Mexico negotiated to delay their early February implementation by a month.

    Laura Miller

    Laura Miller is a reporter and editor for Steel Market Update. She has held various editorial positions with steel industry publications, associations, and mills since 2007. She joined the SMU team in 2022. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania.

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