Trump tells US steelworkers he’s going to double tariffs on foreign steel from 25% to 50%
- On Friday in Pennsylvania, US President Donald Trump announced plans to raise steel and aluminum tariffs from 25 percent to 50 percent while speaking to workers at a steel manufacturing facility.
- This tariff increase follows Trump's ongoing trade war campaign to protect domestic industries while drawing opposition from the European Union and bipartisan US politicians.
- Trump highlighted a forthcoming collaboration between US Steel and Japan’s Nippon Steel that promises $14 billion in economic impact and substantial job growth, while noting that he must review and approve the final agreement, which has not yet been presented.
- United Steelworkers union president David McCall said the union was not consulted on the partnership and expressed concerns about the merger's impact on national security, members, and communities.
- The tariff hike will start June 4, 2025, reinforcing Trump’s broader trade policies despite earlier legal challenges, and risks further disrupting global trade relations and financial markets.
Insights by Ground AI
Does this summary seem wrong?
272 Articles
272 Articles
All
Left
58
Center
54
Right
34
White House press attaché Karoline Leavitt confirmed that US President Donald Trump will double customs duties on steel and aluminum on Wednesday.
·Montreal, Canada
Read Full ArticleCoverage Details
Total News Sources272
Leaning Left58Leaning Right34Center54Last UpdatedBias Distribution40% Left
Bias Distribution
- 40% of the sources lean Left
40% Left
L 40%
C 37%
R 23%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage