President Donald Trump imposed sweeping 25% tariffs on all steel and aluminum imported into the United States Wednesday, a policy aimed at leveling the playing field for US manufacturing but a move that threatens to drive up prices on a broad range of consumer and industrial goods for Americans.

President Donald Trump‘s newly implemented tariffs on steel and aluminum went into effect overnight on Tuesday, inviting varying levels of retaliation from the United States’s top trading partners. The president had previously announced the new metals tariffs in February but delayed implementation until Tuesday to allow goods already in transit to escape the new fees

President Trump imposed a 25 percent tariff on metal imports, sparking new global trade spats as he attempts to shield the U.S. economy from foreign competition.