Trump’s 50% tariffs on foreign steel and aluminum come into effect

Trump’s 50% tariffs on foreign steel and aluminum come into effect - short news


Trading partners around the world express anger including Mexico which buys more steel out of the US than it sends the other way

The US has doubled tariffs on foreign steel and aluminum imports to 50%, pressing ahead in the face of criticism from key trading partners with a measure that Donald Trump says is intended to revive the American industry.

After imposing and rapidly lifting tariffs on much of the world, only to reduce them, Trump last week refocused on the global steel..


Read more on The Guardian

source: The Guardian - 04.06.2025

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