President Donald Trump said he’s doubling tariffs on foreign steel to 50%, making the announcement during a May 30 visit to a U.S. Steel facility in Pennsylvania.
Trump bulked up tariffs on foreign steel and aluminum after taking office for a second time, restoring the 25% levy that had been weakened by numerous country exclusions and quotas and thousands of product-specific exclusions.
Trump said the higher tariffs will even further secure the steel industry in the United States.”
“Nobody’s going to get around that,” Trump said.
Trump was in Pennsylvania to tout a partnership between U.S. Steel and Japan’s Nippon Steel, which he said would strengthen the steel industry in the U.S.
Contributing: Reuters
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This article originally appeared on USA TODAY: Donald Trump doubling tariffs on foreign steel
