Trump Announces 50% Steel Tariffs and Rallies at U.S. Steel
President Donald Trump announced that the US will double its steel import tariffs from 25% to 50% to support the domestic steel industry and reduce reliance on China, amid ongoing trade tensions and a court battle over tariffs. He also highlighted a $14 billion investment in US steel production through a partnership with Japan's Nippon Steel, and claimed that the tariffs have helped save US Steel, with no layoffs or outsourcing expected. The move intensifies the US-China trade conflict, which has seen reciprocal tariffs and accusations of violations of trade agreements.