Trump Increases Steel and Aluminum Tariffs to 50%
TL;DR Summary
The proclamation details the U.S. government's decision to increase tariffs on imported steel and aluminum from 25% to 50% to protect national security and support domestic industries, effective June 4, 2025, with specific provisions for the UK under the U.S.-UK Economic Prosperity Deal.
- ADJUSTING IMPORTS OF ALUMINUM AND STEEL INTO THE UNITED STATES The White House (.gov)
- Trump admin live updates: Trump signs executive order raising tariffs on steel, aluminum imports to 50% ABC News
- Trump’s Higher Aluminum Tariff Raises Costs for Alcoa WSJ
- Ford, GM Stocks Are Slipping. Investors Want a Brake on Tariffs. Barron's
- Trump Signs Order Hiking Steel, Aluminum Tariffs to 50% Bloomberg
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