[US Commerce Secretary: 25% Tariff on Imported Steel and Aluminum to Take Effect on March 12]
On the 9th local time, US Commerce Secretary Howard Lutnick confirmed that the policy promised by US President Trump to impose a 25% tariff on all steel and aluminum imported into the US is expected to take effect as planned on March 12. Lutnick also stated that US tariffs on Canadian dairy and lumber products will be imposed starting in April.

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