{"id":142974,"date":"2025-05-31T01:41:08","date_gmt":"2025-05-31T01:41:08","guid":{"rendered":"https:\/\/teknomers.com\/en\/donald-trump-aims-to-raise-import-tariffs-on-steel-and-aluminum-from-25-to-50-reports-teknomers\/"},"modified":"2025-05-31T01:41:11","modified_gmt":"2025-05-31T01:41:11","slug":"donald-trump-aims-to-raise-import-tariffs-on-steel-and-aluminum-from-25-to-50-reports-teknomers","status":"publish","type":"post","link":"https:\/\/teknomers.com\/en\/donald-trump-aims-to-raise-import-tariffs-on-steel-and-aluminum-from-25-to-50-reports-teknomers\/","title":{"rendered":"Donald Trump aims to raise import tariffs on steel and aluminum from 25% to 50%, reports Teknomers."},"content":{"rendered":"\n<div id=\"\">\n<figure class=\"article__media\">\n        <picture class=\"article__media\"><source   alt=\"Donald Trump lors d\u2019une visite de l\u2019aci\u00e9rie de US Steel \u00e0 West Mifflin (Pennsylvanie), le 30 mai 2025.\" width=\"664\" height=\"443\"><\/source>\n        <\/picture>\n        <noscript><br \/>\n            <img decoding=\"async\" src=\"https:\/\/teknomers.com\/en\/wp-content\/uploads\/2025\/05\/12f0a33_ftp-import-images-1-c9u2nvpeybpo-5058842-01-06.jpg\" alt=\"Donald Trump lors d\u2019une visite de l\u2019aci\u00e9rie de US Steel \u00e0 West Mifflin (Pennsylvanie), le 30 mai 2025.\"\/><br \/>\n        <\/noscript><figcaption class=\"article__legend\" aria-hidden=\"true\">Donald Trump lors d\u2019une visite de l\u2019aci\u00e9rie de US Steel \u00e0 West Mifflin (Pennsylvanie), le 30 mai 2025. <span class=\"article__credit\" aria-hidden=\"true\">SAUL LOEB\/AFP<\/span><\/figcaption><\/figure>\n<p class=\"article__paragraph\">The latest \u00a0judicial developments\u00a0 regarding tariffs have not dampened \u00a0Donald Trump&#8217;s\u00a0 appetite for \u00a0import taxes\u00a0. During a visit to a steel mill in Pennsylvania on May 30, the American President announced plans to double the \u00a0tariff on imported steel\u00a0 to \u00a050%\u00a0. He later clarified on his platform, Truth Social, that this measure would take effect on \u00a0June 4\u00a0 and would also apply to aluminum.<\/p>\n<p class=\"article__paragraph\"><em>\u201cWe will increase the tariffs on steel from 25% to 50%, which will further protect the steel industry in the United States,\u201d<\/em> Trump stated from the podium at a US Steel facility in Pennsylvania.<\/p>\n<p class=\"article__paragraph\"><em>\u201cNo one will be able to evade\u201d<\/em> these tariffs, he assured, as workers adorned in hard hats and reflective vests cheered in the background, chanting <em>\u201cUSA, USA!\u201d<\/em> following his announcement of the new tariffs.<\/p>\n<p class=\"article__paragraph\"><em>\u201cOur steel and aluminum industries will be stronger than ever,\u201d<\/em> he later reiterated on Truth Social. The 25% tariff he had instituted in March on these metals also affected derivatives, such as \u00a0cans\u00a0.<\/p>\n<p class=\"article__paragraph\">Since his return to the \u00a0White House\u00a0, Donald Trump has made tariffs a cornerstone of his policy: a negotiating tool for securing concessions from abroad, a means to defend the domestic industry, and also a source of new public revenue.<\/p>\n<p class=\"article__paragraph\">Tariffs have been applied to certain sectors (steel, aluminum, automotive), specific countries (China, Canada, Mexico), and even universally\u2014impacting products not found on American soil, such as \u00a0cocoa\u00a0. The President has erected a barrier of new taxes on products entering the country, though he has backed off somewhat.<\/p>\n<p class=\"article__paragraph\">Just last Wednesday, the \u00a0International Trade Court\u00a0 annulled tariffs imposed by the Trump administration, asserting that the President did not have the authority to set such taxes, a power that belongs to \u00a0Congress\u00a0. A day later, a federal appeals court temporarily suspended this decision, pending further deliberations.<\/p>\n<h2 class=\"article__sub-title\">Nippon Steel to Acquire US Steel<\/h2>\n<p class=\"article__paragraph\">The President also praised a recent agreement he himself approved between \u00a0US Steel\u00a0 and its Japanese competitor \u00a0Nippon Steel\u00a0, although details about the deal remain sparse.<\/p>\n<p class=\"article__paragraph\"><em>\u201cThe most important thing is that US Steel will continue to be controlled by America; otherwise, I wouldn\u2019t have approved this deal,\u201d<\/em> Trump explained, assuring that Nippon Steel will inject \u00a0$14 billion\u00a0 <em>\u201cinto the future\u201d<\/em> of US Steel.<\/p>\n<p class=\"article__paragraph\">This operation, which Trump had opposed for a long time, has become central to the \u00a02024 presidential campaign\u00a0, as it directly affects Pennsylvania, a key electoral state and the birthplace of steel manufacturing in the United States.<\/p>\n<p class=\"article__paragraph\">In late 2023, the two industrial groups announced a \u00a0$14.9 billion\u00a0 acquisition (including debt) of US Steel by Nippon Steel. Former President \u00a0Joe Biden\u00a0 ultimately blocked this operation just weeks before he left the White House, citing security concerns. Trump then decided to reconsider the proposal.<\/p>\n<p class=\"article__paragraph\"><em>\u201cAt Nippon Steel, they kept asking me [to approve the deal], and I continued to refuse, but eventually I thought these people genuinely wanted to do something great,\u201d<\/em> he recounted.<\/p>\n<p class=\"article__paragraph\">In the wake of this news, the \u00a0USW union\u00a0, representing metalworkers, expressed strong skepticism in a statement, explaining they had not been consulted or informed about the terms of the agreement.<\/p>\n<p class=\"article__paragraph\"><em>\u201cIt\u2019s easy to issue press releases and make political speeches. It\u2019s hard to translate commitments into action. The devil is always in the details, and this is particularly true with a bad actor like Nippon Steel,\u201d<\/em> warned the union.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/teknomers.com\/category\/general\/\" rel=\"dofollow\">General News &#8211; 2<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Donald Trump lors d\u2019une visite de l\u2019aci\u00e9rie de US Steel \u00e0 West Mifflin (Pennsylvanie), le 30 mai 2025. SAUL LOEB\/AFP The latest \u00a0judicial developments\u00a0 regarding tariffs have not dampened \u00a0Donald Trump&#8217;s\u00a0 appetite for \u00a0import taxes\u00a0. During a visit to a steel mill in Pennsylvania on May 30, the American President announced plans to double the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":142975,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23832],"tags":[],"class_list":["post-142974","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"_links":{"self":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/142974","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/comments?post=142974"}],"version-history":[{"count":0,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/142974\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/media\/142975"}],"wp:attachment":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/media?parent=142974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/categories?post=142974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/tags?post=142974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}