
Trump says U.S. will double steel tariffs to 50%
2025-05-31 09:57:49 source:CNBC
May 29, 2025
President Donald Trump told U.S. steelworkers on Friday that he will double tariffs on steel imports to 50%.
“We’re going to bring it from 25% to 50%, the tariffs on steel into the United States of America,” Trump said during remarks at U.S. Steel’s Irvin Works in West Mifflin, Pennsylvania. The president said the steep tariffs would “further secure the steel industry.”
“At 25%, they can sort of get over that fence,” Trump said. “At 50%, they can no longer get over the fence.”
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