US EditionTrump signs executive order raising tariffs on steel and aluminum imports to 50%
- On June 5, 2025, U.S. President Donald Trump signed an executive order that will raise tariffs on steel and aluminum imports, doubling them to 50 percent starting Wednesday.
- The tariff increase follows last week's announcement amid escalating trade tensions, with Canada as the largest supplier of both metals to the U.S.
- Canadian officials, including Minister Dominic LeBlanc, held urgent talks in Washington ahead of the tariff hike, which threatens key sectors like automotive and manufacturing.
- Marty Warren, national director of United Steelworkers in Canada, warned that imposing a 50% tariff would effectively block Canadian steel from entering the U.S. Market, causing severe harm to workers and communities.
- The tariff hike is expected to boost U.S. Steelmakers but raise prices and disrupt supply chains, prompting calls for an immediate and decisive Canadian response.
198 Articles
198 Articles
It has only been 24 hours since U.S. President Donald Trump fulfilled his last trade threat and doubled tariffs on imports of steel and aluminium to 50%. The White House tenant signed the executive order to make it possible just a few days after announcing the new 'arance', without giving the sector room for manoeuvre. The Union of Steel Companies, UNESID, warns that the measure has already caused the cancellation of orders and that its impact i…
U.S. tariffs go into effect; doubling to 50% on steel, aluminum
The United States doubled its tariffs on steel and aluminum to 50% on Wednesday, as part of President Trump’s broader trade policy. The new rates took effect at midnight Eastern time in a move that cast a shadow over the Organization for Economic Cooperation and Development (OECD) ministerial meeting underway in Paris. Trump’s aggressive tariff strategy—targeting both allies and rivals with levies on imported steel, aluminum, and automobiles—has…
Economists say Trump's new steel and aluminium tariffs could have dire impacts
Donald Trump's increased tariffs on steel and aluminium products imported into the United States are now in effect, meaning foreign importers face 50 per cent levies on top of their current costs.
'Hard to understate the damage': How Trump's newest tariff could kill thousands of jobs
On Wednesday, President Donald Trump announced that he was raising his 25% tariff on imported steel and aluminum to 50%. While he argued this was necessary to protect American steel manufacturing, one of the nation's leading newspapers of record is warning it could actually end up putting thousands of Americans out of work.The Washington Post editorial board is now arguing that the economic impact of Trump's tariffs could be felt for years, even…
Rep. Gottheimer teases bills to rein in executive moves on tariffs, de minimis
Rep. Josh Gottheimer (D-NJ) plans to introduce a bill that would require an economic impact review of potential tariffs before they go into effect and another that would require congressional approval for changes to rules for low-value imports -- two measures he says are needed to rein in President Trump’s expansive trade actions. Gottheimer announced the proposals this week during an event in Glen Rock, NJ. He also is asking the Government Acco…
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