United States President Donald Trump said his intention to increase customs duties in imported steel to 50% yesterday, with the aim of protecting domestic production. His decision further escalates the pressure on the global sector of the steel industry and exacerbates the international trade confrontation that has already begun. “We will impose a 25%increase. We will increase from 25% to 50% of customs customs duties (imported) to the US, which will further guarantee the security of the US steel industry, “the Republican said, addressing US Steel steel workers at a Pennsylvani factory in Pennsilvania! 🚨 #breaking: President Trump Just Announced He is doubled the tariffs on steel being brought into the United States us steelworkers Went Wild When He Revealed the News Tariffs Will Now 50% on Imported Steel. That is America First! 🇺🇸 pic.twitter.com/xgejtcjznl – Nick Sortor (@nicksortor) May 30, 2025
Source: News Beast
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