Tag: Trump doubles steel aluminium tariffs to 50%: A high-stakes move to shield US industry

Higher tariffs expected to boost US manufacturing, reduce imports Trump links move to China deal breach, US Steel-Nippon partnership US President Donald Trump has announced a sharp hike in tariffs on aluminium and steel imports, doubling them from 25% to 50%, effective 4 June 2025. Speaking at US Steel’s Mon Valley Works in Pennsylvania, Trump…