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Trump announces plan to boost steel, aluminum tariffs to 50 percent

  • Writer: AOM Advisors
    AOM Advisors
  • May 30, 2025
  • 1 min read

Interview

May 30, 2025
Interviewer: Margaret Spiegelman
Source: Inside Trade

President Trump on Friday said he will raise U.S. tariffs on steel and aluminum from 25 percent to 50 percent.


President Donald Trump said Friday he'll be doubling tariffs on steel from 25% to 50%. (Saul Loeb/AFP via Getty Images / Getty Images)
President Donald Trump said Friday he'll be doubling tariffs on steel from 25% to 50%. (Saul Loeb/AFP via Getty Images / Getty Images)

Trump announced the hike on steel tariffs at a rally at a U.S. Steel Corporation facility in western Pennsylvania.


He’d traveled to the facility to tout a nearly completed agreement (/node/183329) on the company’s controversial acquisition by Nippon Steel.



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