Donald Trump announces 50% tariff on steel imports to ‘secure industry in US’
[ad_1] US President Donald Trump speaks at US Steel Corporation's Mon Valley Works-Irvin plant, Friday, May 30, 2025, in West Mifflin, Pennsylvania (AP Photo) US President Donald Trump said on Friday that he is doubling the tariff on steel imports to 50 percent, a big increase that could raise prices for steel, which is used in housing, cars, and other products."We're going to bring it from 25 per cent to 50 per cent, the tariffs on steel into the United States of America, which will even further secure the steel industry," Trump said.Trump said he had a "major announcement" as he spoke at US Steel’s Mon Valley Works–Irvin Plant in West Mifflin, US state of Pennsylvania, near Pittsburgh, to talk about investments by Japan’s Nippon Steel."Nobody's going to get around that," he added during the speech in front of workers […]