President Donald Trump has announced a significant increase in tariffs on steel and aluminum imports, raising them from 25% to 50%. This move, effective June 4, 2025, aims to bolster the U.S. steel industry but has sparked concerns about global trade impacts.

President Donald Trump has announced a significant increase in tariffs on imported steel, doubling the rate from 25% to 50%. This move, aimed at bolstering the U.S. steel industry, raises concerns about potential economic repercussions,

US will officially double its tariffs on imported steel and aluminum, pushing them from 25 percent up to 50 percent.