Trump announces 50% steel tariffs and hails ‘blockbuster’ deal with Japan

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Trump announces 50% steel tariffs and hails ‘blockbuster’ deal with Japan - short news

President tells Pennsylvania rally tariffs will benefit workers and celebrates Japanese investment in US Steel

Donald Trump announced on Friday he was doubling foreign tariffs on steel imports to 50%, as he celebrated a “blockbuster” agreement for Japan-based Nippon Steel’s to invest in US Steel during a rally in Pennsylvania.

Surrounded by men in orange hardhats at a US Steel plant in West Mifflin, Trump unveiled the tariff rate increase, declaring that the dramatic hike..

Read more on The Guardian

source: The Guardian - 31.05.2025

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Trump announces 50% steel tariffs and hails ‘blockbuster’ deal with Japan

Trump announces 50% steel tariffs and hails ‘blockbuster’ deal with Japan - short news

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