On February 9, 2025, President Donald Trump announced plans to impose new 25% tariffs on all steel and aluminum imports into the United States, applying to all countries, including major suppliers like Canada, Brazil, and Mexico. These tariffs will be officially announced soon. Additionally, Trump stated that the U.S. would match tariffs imposed by countries that tax U.S. imports. He also clarified his stance on Nippon Steel's potential investment in U.S. Steel, allowing it with a non-majority stake. On the Middle East, Trump expressed his commitment to "buying and owning" Gaza, aiming to rebuild it with help from other Middle Eastern nations, ensuring safety for Palestinians. He also opened the door for Palestinian refugees to enter the U.S. on a case-by-case basis. Trump further mentioned progress in U.S. efforts to end the Russia-Ukraine war, indicating ongoing communication with both Russia and Ukraine but withholding specific details.
first published: Feb 10, 2025 02:30 pm
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