President Trump says he'll announce the U.S. will impose 25% tariffs on all steel and aluminum imports, including from Canada and Mexico, as well as other import duties.

U.S. President Donald Trump on Sunday told reporters that he planned to announce new 25% tariffs on Monday, targeting imports of steel and aluminum. Perhaps unsurprisingly, the biggest winner of the trade tariffs is likely to be the U.

The president said he planned sweeping tariffs on all steel and aluminum imports on Monday and would take other action to even out tariff rates with the rest of the world later this week.