Trump Doubles Down on Steel: 50% Tariffs and $14B Deal with Nippon Steel Announced in Pennsylvania
In a move to revive the American steel industry Trump Doubles Down on Steel: 50% Tariffs and $14B Deal with Nippon Steel Announced in Pennsylvania. In a fiery rally in Mon Valley, Pennsylvania, President Donald Trump made headlines by announcing the doubling of tariffs on steel and aluminium imports from 25% to 50%. This bold move, effective Wednesday, June 4, is part of Trump’s renewed effort to revive the American steel industry and position himself as the champion of blue-collar workers in the Rust Belt.