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Donald Trump to double tariffs on foreign steel to 50% Hiking tariffs could increase costs for American consumers and manufacturers of a variety of products, such as cars and homes, that use steel.

Trump says he plans to double steel, aluminum tariffs to 50%. By Jeff Mason. May 31, 2025 5:52 ... the import taxes include both raw metals and derivative products as diverse as stainless steel ...

WEST MIFFLIN, Pennsylvania (Reuters) -U.S. President Donald Trump said on Friday he planned to increase tariffs on imported steel and aluminum to 50% from 25%, ratcheting up pressure on global ...

Steel stocks jumped Monday after President Trump vowed to double tariffs on the metal to 50% — and vowed to revive the American steel industry. Shares in mining company Cleveland-Cliffs soared ...

Trump to double steel tariffs to 50%. Why you can trust Sky News. Donald Trump said he plans to double tariffs on steel imports from next week, deepening his trade war which has hit global markets.