
US Doubles Tariffs on Steel & Aluminum: A Major Trade Shift
Doubling Down on Tariffs: What Trump’s 50% Steel & Aluminum Levy Means for Global Trade In a move that has sent ripples across global markets, Donald Trump has announced a significant escalation in his trade policy: doubling tariffs on steel and aluminum imports to a staggering 50%. Effective June 4, 2025, this decision marks a…