Trump Imposes 25% Tariff on Steel and Aluminum Imports

US President Donald Trump has announced the imposition of a 25% tariff on all imports of steel and aluminum.

A White House official has stated that the tariffs will take effect as of March 4, according to Reuters.

Trump announced the measure on Monday, stating that the tariffs would be imposed “without exceptions or exemptions.” 

According to Artem Segen, Industrial market reporter at Expana, “The imposition of duties on imports is likely to depress imports of both metals and will probably help domestic producers to get competitive prices and boost production, according to market sources.”

Several US States Implement New Food Packaging Regulations in 2025

In 2025, several US states have enacted, or are set to enact, new legislation that prohibits or restricts the use of certain types of packaging in food retail.

In addition, implementation of Extended Producer Responsibility (EPR) programs for packaging is expected to increase across several states in 2025, according to the National Law Review. EPR programs shift the cost of waste management and recycling from municipalities to product manufacturers. States including Massachusetts, New York and Washington may see advancements in EPR legislation this year.

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ANALYSIS: US Egg Prices Soar as Production Hits Eight-Year Low Due to HPAI Outbreaks 

May 30, 2024: “Over the past two weeks, U.S. shell egg prices have soared by 45%, largely due to the ongoing spread of Highly Pathogenic Avian Influenza (HPAI), more commonly known as bird flu. The bird flu has been spreading across the US since February 2022—though not consistently..."