The typical American consumer is highly unlikely to purchase raw steel or aluminum on their own. That might lead them to believe their wallets are shielded from the 25% tariffs President Donald Trump levied on the two metals with no exemptions or exceptions on Wednesday.

The Trump administration on Wednesday will effectively plaster 25% taxes – tariffs – on all steel and aluminum imports. The president said on Tuesday that the U.S. would double the forthcoming levy on the two metals to 50% if they come from Canada — but pulled back on the threat by the afternoon after the province of Ontario suspended its plans for retaliatory tariffs.