Trump signs executive order raising tariffs on steel and aluminum imports to 50%
- On April 2, 2025, President Donald Trump signed an order doubling US steel and aluminum tariffs from 25% to 50% at the White House Rose Garden.
- Trump imposed these higher tariffs to pressure trading partners and address practices the US viewed as unfair, especially targeting China with levies up to 145%.
- The tariffs affected trade, consumption, and investment, triggered strong EU and Canadian opposition, and led to calls for urgent negotiated solutions from G7 officials.
- US Treasury yields remained steady on the tariff increase day, with the 10-year yield at 4.452%, while OECD chief economist Pereira warned the US economy will face the largest impacts.
- The tariffs raised tensions, prompted a 90-day suspension agreement starting May 12, and signaled risks to global growth and ongoing trade talks between the US, EU, and China.
248 Articles
248 Articles
Trump doesn't always chicken out — just ask these workers that he's screwing
He did it again. On Wednesday, President Donald Trump doubled the tariff on steel and aluminum from 25% to 50%.And it’s the steelworkers who will pay with their jobs. Stay with me, and I’ll explain these weird, weird facts:Trump’s tariffs on foreign steel increased the amount of steel imported. Desp...
How tariffs on aluminium and steel are impacting a recycling business in Pennsylvania
President Trump doubled tariffs on steel and aluminum imports this week. NPR's Debbie Elliott speaks with Andrew Lincoln from Lincoln Recycling about the impact on the metals industry.
Mexican aluminum, steel exporters say sales in US down 63% due to tariffs
SAN DIEGO (Border Report) -- Exporters of Mexican steel and aluminum are reporting a 63 percent drop in sales in the United States since tariffs went into effect earlier this year. An industry analyst predicts exports will drop by more than 53 percent by the end of the year if the tariffs are not lifted. On Feb. 10, President Donald Trump ordered a 25-percent tariff on Mexican and Canadian aluminum and steel imports. This week, the president upp…


White House doubles steel tariffs, impacting NC industries
On Tuesday, the White House announced it will increase tariffs on steel and aluminum imports from 25% to 50%, with the hike taking effect on Wednesday. “I have determined that it is necessary to increase the previously described steel and aluminum tariffs to adjust the imports of steel and aluminum articles and their derivative articles so that such imports will not threaten to impair the national security,” reads the proclamation. “In my judgme…
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