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Trump 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.
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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…

·Madrid, Spain
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Lean Left

On Tuesday, an increase that doubles from 25 to 50 percent the tariff on all U.S. imports of steel and aluminium came into effect. According to President Donald Trump, this new illegal blow to international trade is due to the fact that the tariffs previously imposed on these metals “have not yet allowed these industries to develop and maintain a utilization rate of the necessary production capacity.” In a decree, the president said that the inc…

·Mexico
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La Crosse TribuneLa Crosse Tribune
+2 Reposted by 2 other sources
Center

America's steel curtain will hike cost

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Invezz broke the news in on Sunday, June 1, 2025.
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