Trump 25% tariffs on foreign steel and aluminum mirror a move that proved costly in his first term
The overall economic impact on the U.S. was limited then — and is likely to be limited again — because steel and aluminum imports amount to barely a ripple in the almost $30 trillion economy.
![Trump 25% tariffs on foreign steel and aluminum mirror a move that proved costly in his first term](https://fortune.com/img-assets/wp-content/uploads/2025/02/AP25041803584789-e1739279496676.jpg?w=2048#)