The Trump administration just doubled the tariffs on steel and aluminum imports. Here’s what that means
Wednesday, 4 June 2025 () US tariffs on steel and aluminum doubled to 50% as of 12:01 am ET on Wednesday, a move cheered by the beleaguered American steel industry but worrisome to sectors that heavily use the metals, from car makers to can manufacturers. The jump in import taxes is the latest salvo in President Donald…
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US President Trump has escalated tariffs on steel and aluminum imports to 50%, aiming to bolster the domestic steel industry. However, sectors like housing,... IndiaTimes
The Trump administration's doubling of import duties on steel and aluminum is poised to negatively impact India's export demand, compelling companies to explore... IndiaTimes