Analysis

January 29, 2026
Steel execs praise Trump, call for firm hold on S232 ahead of USMCA review
Written by David Schollaert
A coalition of US steel industry CEOs has formally urged President Trump to maintain—and fully enforce—current Section 232 tariffs on steel and steel‑containing goods.
The group credits the strengthened tariff regime, including the increase to a 50% rate and expanded coverage to downstream derivative products, as key drivers of a resurgence in domestic steelmaking and new manufacturing investment.

