March 17, 2025- In recent days, President Donald Trump has enacted, reversed and paused multiple tariff policies. Most recently, that includes 25% tariffs on Canadian steel imports, which went into effect Wednesday last week, according to Manufacturing Dive. The onslaught of tariff policies has sparked confusion and anxiety among many manufacturers, unsure of whether the duties are a long-term plan from the Trump administration or simply a short-term bargaining tool to ensure compliance from trade partners on other issues. Many companies are weighing if and how they might drastically overhaul their global supply chains.
According to USA Today, President Donald Trump says he does not intend on creating exemptions on sweeping steel and aluminum tariffs and reaffirmed that additional duties will go into effect early next month.