The tariffs did not increase the price of steel by 25%, they added a 25% tariff to imported steel. The US imports under 1/3rd of the steel we use (36M mt vs 81

The tariffs did not increase the price of steel by 25%, they added a 25% tariff to imported steel. The US imports under 1/3rd of the steel we use (36M mt vs 81M mt), so the majority of our steel will have no tariffs on it. [1] http://abcnews.go.com/Business/key-facts-us-steel-aluminum-industries/story?id=53616380 http://abcnews.go.com/Business/key-facts-us-steel-aluminum-i...