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.
189 Articles
189 Articles
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…
U.S. tariffs double on aluminum and steel: raising concerns Kern County car prices
U.S. tariffs on foreign steel and aluminum increased from 25% to 50%, affecting global trade and Kern County imports. Dealerships like Motor City are adjusting inventory and features to manage rising costs. Approximately 25% of a vehicle's composition is steel or aluminum, leading to higher prices. Consumers may not see the full impact of these tariffs on car prices for several months. Car buyers are advised to check vehicle labeling for manufac…
DEXYPTAGE - 50% customs surcharges on aluminium and steel complicate the negotiations that continued in Paris.
Trump doubles metal tariffs, risking price hikes
KEY TAKEAWAYS: Trump hikes steel and aluminum tariffs from 25% to 50% Tariff increase aims to protect U.S. industries and national security U.K. exempt from new 50% rate due to recent trade agreement Industries warn of higher consumer costs and supply chain disruption U.S. President Donald Trump hiked nearly all of his tariffs on steel and aluminum imports to a punishing 50% on Wednesday in a move that’s set to hammer businesses from autom…
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