Trump Raised Tariffs On U.S. Steel And Aluminum Imports

Rates have risen to 50%.

U.S. President Donald Trump has signed an executive order to raise tariffs on steel and aluminum imports by up to 50%.

It is reported on the White House website.

In the executive order, the president noted that the Secretary of Commerce has recognized the extent and conditions of current U.S. imports of steel products as those that threaten the country's national security.

"Given the situation, I have decided to increase the rate of duty on imports of steel products and steel derivatives and aluminum products and aluminum derivatives from 25 percent ad valorem duty to 50 percent ad valorem duty, effective 00:01 a.m. Eastern Daylight Time on June 4, 2025," the document said.

Steel and aluminum import tariffs

The United States is currently the world's second-largest importer of steel after the European Union. The main exporters of this resource to the American market are Canada, Brazil, Mexico and South Korea.

In early February, Donald Trump imposed a 25% duty on all imports of steel and aluminum without exception. In this way, the authorities are trying to stimulate the opening of new enterprises in the country.

The new duties came into effect in March. Metal products used in the production of a wide variety of goods - from kitchen utensils and canning containers to passenger cars - were subject to the rates.

In May, Trump announced a doubling of customs rates on steel and aluminum imports to the United States.

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