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Trump Doubles Steel Tariffs to 50% in Bid to Shield U.S. Industry

Set against a freshly unveiled U.S. SteelNippon Steel partnership, the tariff boost threatens to raise costs for domestic manufacturing.

President Donald Trump walks on the South Lawn of the White House to board Marine One, Friday, May 30, 2025, in Washington, as he heads to Pittsburgh for a rally. (AP Photo/Jacquelyn Martin)
U.S. President Donald Trump speaks at the U.S. Steel Mon Valley Works-Irvin Plant in West Mifflin, Pa., on Friday.
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Overview

  • Trump unveiled the tariff increase during a rally at U.S. Steel’s Mon Valley Works–Irvin Plant near Pittsburgh.
  • He made the decision hours after announcing a partnership between U.S. Steel and Japan’s Nippon Steel.
  • The move raises import duties on steel from 25 percent to 50 percent in an effort to insulate domestic producers.
  • Industry analysts warn that the higher levy could push up prices for housing materials, vehicles and other goods.
  • The administration’s broader tariff campaign, including a proposed 125 percent duty on Chinese imports, faces legal challenges and risks retaliation from trading partners.