Trump to Increase Steel and Aluminum Tariffs to 50%
US President Donald Trump recently announced plans to elevate tariffs on imported steel and aluminium from 25% to a staggering 50%. This move is poised to exert additional pressure on global steel manufacturers and intensify the ongoing trade conflict.
"We are implementing a 25% increase in tariffs," Trump declared at a rally in Pennsylvania, emphasizing the decision's significance for American steelworkers. "This will further secure the steel industry in the United States," he noted.
In the vicinity of Pittsburgh, where…