Trump says he plans to double steel and aluminum tariffs

1 month_ago 24

World

U.S. President Donald Trump said Friday he plans to treble the tariff complaint connected alloy to 50 per cent, a melodramatic summation that could further propulsion up prices for a metallic utilized to marque housing, vehicles and different goods.

Move could further propulsion up prices for metallic utilized to marque vehicles, cans and different goods

The Associated Press

· Posted: May 30, 2025 6:39 PM EDT | Last Updated: 1 infinitesimal ago

A antheral   successful  a suit   speaks astatine  a podium.

U.S. President Donald Trump speaks astatine the U.S. Steel Mon Valley Works-Irvin Plant successful West Mifflin, Pa., connected Friday. (David Dermer/The Associated Press)

U.S. President Donald Trump said helium volition treble the tariffs on alloy and aluminum imports to 50 per cent adjacent Wednesday. 

Trump initially announced the boosted duties connected alloy during a rally astatine U.S. Steel's Mon Valley Works–Irvin Plant adjacent Pittsburgh Friday evening. He told a cheering assemblage of steelworkers that the accrued levies volition "further unafraid the alloy manufacture successful the United States."

"Nobody is going to get astir that," Trump said. 

In a station connected societal media aft the rally, Trump said helium would besides beryllium increasing tariffs on aluminum to 50 per cent. 

"Our alloy and aluminum industries are coming backmost similar ne'er before," he wrote. "This volition beryllium yet different BIG jolt of large quality for our fantastic alloy and aluminum workers. MAKE AMERICA GREAT AGAIN!"

WATCH | Another week of back-and-forth connected tariffs from the U.S.: 

The Breakdown | How should Canada navigate Trump tariff uncertainty?

The National’s At Issue breaks down however different week of back-and-forth connected tariffs from the U.S. could alteration Canada’s negotiating position? Plus, the changing dynamics successful the House nether a caller government. 

The U.S. archetypal imposed 25 per cent tariffs connected alloy and aluminum from Canada successful March. As the duties person accrued with Trump's tariffs, the government's shaper terms scale recovered the terms of alloy products has accrued astir 16 per cent.

As of March, alloy outgo $984 US per metric ton successful the United States, importantly much than the terms successful Europe ($690 US) oregon China ($392 US), according to the U.S. Commerce Department. The United States produced astir 3 times much alloy than it imported past year, with Canada, Brazil, Mexico and South Korea being the largest sources of alloy imports.

The premier minister's bureau did not instantly comment.

With files from CBC News

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