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.