Trump to Implement 50% Tariffs on Steel Imports

Trump Aims to “Secure” US Steel Industry by Doubling Tariffs to 50%

On May 30, 2025, former U.S. President Donald Trump announced a significant escalation in his trade policy by doubling tariffs on steel and aluminum imports from 25% to 50%. The move, set to take effect on June 4, aims to strengthen domestic metal production and protect U.S. manufacturers from foreign competition. Trump introduced the tariff hike during a Pennsylvania rally, coinciding with his promotion of a $15 billion investment partnership between Nippon Steel and U.S. Steel.

The decision sparked backlash internationally; the Canadian Chamber of Commerce criticized the move for disrupting efficient supply chains, and the European Commission warned of retaliatory countermeasures. UK Steel also expressed concern over the impact on its $400 million annual exports to the U.S. The tariff increase adds tension to already volatile trade relations, following a recent U.S. trade court ruling against several of Trump’s tariffs and ongoing uncertainty in U.S.-China tariff agreements.

Despite previously opposing foreign involvement in U.S. Steel, Trump praised Nippon Steel’s commitment to invest significantly in American steel production, including expanding operations in Pennsylvania and modernizing mills across several states .Financial TimesThis development is part of a broader tariff strategy aimed at strengthening domestic industry and correcting trade imbalances.