Ryuu96 on 03 June 2025
US tariffs of 50 per cent on steel and aluminium will take effect from June 4 after Donald Trump signed an executive order on Tuesday escalating his global trade war a week after a court ruled the bulk of his levies illegal.
The new tariffs double existing levies on the sector of 25 per cent that the president introduced earlier this year. Duties on UK steel and aluminium will remain at 25 per cent — a carve-out for London after it signed a trade deal with Washington last month.
Donald Trump Orders 50% Steel and Aluminium Tariffs to Begin on June 4
Last edited by Ryuu96 - on 03 June 2025
