Aluminum Tariffs 2024 Elections. In december 2023, the us and eu extended the suspensions of their respective steel and aluminum tariffs beyond january 2024 after agreeing to continue work on reaching. The trump administration also imposed tariffs on steel and aluminum imports, which affected numerous countries and had significant repercussions on trade practices and global supply.

So, yes, trump would have ample authority to raise tariffs should he return to. Absent a deal, both trump’s steel and aluminum tariffs and eu retaliation on around $6 billion worth of american goods would kick back in on january 1.