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With Higher Tariffs on Steel, What Happens Now?

Summary by 13 News Now
Habitat for Humanity of South Hampton Roads says the new 50% tariff on all steel and aluminum imports may be felt across the construction industry.

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Since June 4, 2025, Mexican steel and aluminum crossing the border into the United States face a 50% tariff, twice the previous tax. This measure, imposed by President Donald Trump under the argument of “national security,” represents a direct blow to one of Mexico’s most strategic industries. Mexico is the third largest supplier of steel to the United States, only behind Canada and Brazil. In 2024, Mexican exports of steel and aluminum to the U…

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The Washington Post broke the news in on Tuesday, June 3, 2025.
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