Trump to double steel tariffs: Will it happen, is it good for the US and what’s the global impact?

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Trump to double steel tariffs: Will it happen, is it good for the US and what's the global impact?

Donald Trump said he plans to double tariffs on steel imports, deepening his trade war which has hit global markets.

The US president told a rally of steel workers in West Mifflin, Pennsylvania, that tariffs would be raised from 25% to 50%, "which will even further secure the steel industry in the United States".

Read more: https://news.sky.com/story/trump-to-double-tariffs-on-steel-imports-as-he-threatens-china-13377208

#steel #trump #tariffs #china #trade #usa

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Date: May 31, 2025