Steel Import Tariffs and Quotas Proclamation

On May 16, 2019, President Trump signed Proclamation 9759 adjusting imports of steel into the United States. The proclamation imposed a 25% tariff on steel imports from most countries, with some country-specific exemptions and quota arrangements. American manufacturers, construction companies, and consumers of steel products faced increased material costs, which were passed through supply chains affecting vehicle prices, appliance costs, and construction expenses.