Analysis

August 19, 2025
Final Thoughts
Written by Ethan Bernard
President Trump floated the idea of new steel tariffs being implemented last week, and he delivered.
The comments were made as he was boarding Air Force One, talking about tariffs on microchips. Were they mere off-the-cuff remarks on steel? Was it a mistake? With the bold (and some may say haphazard) way this administration handles trade policy, you never know. Well, this week we found out that over 400 steel derivative products have been added to Section 232 tariffs (as reported by SMU’s Laura Miller).

