Inside Trade

November 9, 2025

Trump announces plan to boost steel, aluminum tariffs to 50 percent 

By Margaret Spiegelman  / May 30, 2025 at 8:05 PM
President Trump on Friday said he will raise U.S. tariffs on steel and aluminum from 25 percent to 50 percent. Trump announced the hike on steel tariffs at a rally at a U.S. Steel Corporation facility in western Pennsylvania . He’d traveled to the facility to tout a nearly completed agreement on the company’s controversial acquisition by Nippon Steel. “We're going to bring it from 25 percent to 50 percent the tariffs on steel into the United States of America,...

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