Trump tells US steelworkers he’s going to double tariffs on foreign steel from 25% to 50%
President Donald Trump speaks at the U.S. Steel Mon Valley Works-Irvin Plant, Friday, May 30, 2025, in West Mifflin, Pa. (AP Photo/David Dermer)
WEST MIFFLIN, Pa. (AP) — President Donald Trump says he’s going to double the tariff rate on steel to 50%, a dramatic increase that could further push up prices for a metal used to make housing, autos and other goods.
Trump was speaking Friday at U.S. Steel’s Mon Valley Works-Irvin Plant in West Mifflin, Pennsylvania, to announce investments by Japan’s Nippon Steel.
The price of steel products has increased roughly 16% since Trump became president, according to the government’s producer price index.
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Trump tells US steelworkers he’s going to double tariffs on foreign steel from 25% to 50%
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