Trump Signs Order Doubling Tariffs on Steel and Aluminum

[BumRushDaShow]

Source: Newsweek

Published Jun 03, 2025 at 5:08 PM EDT | Updated Jun 03, 2025 at 5:56 PM EDT


President Donald Trump has signed an executive order doubling tariffs on imported steel and aluminum to 50 percent, effective June 4, 2025.The move aims to protect U.S. national security by curbing what the administration describes as a threat from excessively low-priced metal imports that undermine domestic industries. Trump had said on May 30 that he would double tariffs as he announced that U.S. Steel would be allowed to merge with Japan's Nippon Steel.

Why It Matters

The order builds on previous tariffs imposed under Section 232 of the Trade Expansion Act, with officials citing the need to bolster American steel and aluminum production capacity for economic and defense reasons. Business leaders have previously expressed anxiety over the plan, warning of increased costs for industries including construction, automotive and transportation, machinery and equipment manufacturing, energy and utilities, as well as producers of appliances and consumer goods.

What To Know

Trump said in his proclamation that he had "determined that it is necessary" to increase tariffs on steel and aluminum to "more effectively counter" foreign countries that export steel to the U.S. at low prices, undercutting American companies.

The president added that previous tariffs had led to some improvements in U.S. steel prices, the industry was still struggling, and more needed to be done. Effective 12:01 a.m. Wednesday, tariffs on steel, aluminum, and their derivatives will be set at 50 percent, up from 25 percent, the proclamation shared by the White House said.




Read more: https://www.newsweek.com/trump-doubles-steel-aluminum-tariffs-2080608

[Bernardo de La Paz]

1. Hard blow: Canada supplies 50% of US imported aluminum, and 25% of US imported steel

In 2024, 47% of U.S. aluminum consumption was from imports, and 13% of steel use was from imported steel.

[NickB79]

2. This will devastate the auto industry, among many

[JohnSJ]

6. No doubt cars will be more expensive. Too bad labor split the vote between Harris and the sociopath.

[SunSeeker]

3. Soft drinks in cans are already $10 for a 12 pack in CA grocery stores.

I guess now they'll be $15.

[wolfie001]

10. Coke and Pepsi both kissed his ring and dropped their DEI programs

I drink store brand diet ginger ale. Coke and Pepsi can go f6ck themselves. I'll pay up to a certain price point. After that, water.

[Botany]

4. The man is functionally clueless

American businesses use steel and aluminum to build things, they hire employees
to do that work, and if the price of the metal goes up then …. 💩.

[twodogsbarking]

5. Well that's, well, fucked up.

[Tarzanrock]

7. I'll just ask one question:

What happens when a ship at sea "founders?"

Tell us the answer, Republican Nazi Party!

[PSPS]

8. Another day, another illegal-yet-still-imposed "executive order"

[wolfie001]

9. Wall Street is marching behind the imbecile like nothing's changed

Everything's normal. Just a demented sociopath in the WH.

[republianmushroom]

11. Wait for the cave.

Price of beer going up.

[SeattleVet]

12. Our brewery just got a shipment of cans, just beating tariff price increases.

Not looking forward to what the next shipment will wind up costing. His crap is really hitting the small guys HARD. Most are having to raise prices just to cover the much higher cost of the packaging.

[progree]

13. Soft drinks will shift more and more from cans to plastic bottles -- as if we need more plastic production and

non-recycled plastic.

Beer? I've never seen that sold in plastic bottles, but maybe it's a thing. Anyway, more will be sold in glass bottles which weigh a lot, so more greenhouse gasses emitted transporting them.

[SalamanderSleeps]

14. Trump Signed Order Doubling Tariffs on Steel and Aluminum ....

.... and then he started to pick at more rancid feed in his coop.

Bawk, Bawk, Bawk .... Bawk, Bawk, Bawk .... Bawk, Bawk, Bawk.

"I alone can fixed it."

Bawk, Bawk, Bawk .... Bawk, Bawk, Bawk .... Bawk, Bawk, Bawk.