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644.4K est. views4.00%
business / markets6 months ago

https://www.bbc.com/news/articles/cg713y73plrohttps://www.whitehouse.gov/presidential-actions/2025/06/adjusting-imports-of-aluminum-and-steel-into-the-united-states/https://www.nytimes.com/2025/06/04/business/economy/trump-tariffs-steel-aluminum.html
Bbc.com and 4 more
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Highlights
  • The UK is temporarily exempted from 2025 US steel tariffs, pending trade deal implementation.
  • President Trump raised US steel tariffs from 25% to 50% on June 4, 2025, to support US industry.
  • The tariffs target foreign steel dumping and subsidies to protect US manufacturing and security.

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References

UK spared from Donald Trump's 50% steel and aluminium tariffs

https://www.bbc.com/news/articles/cg713y73plroBbc.com
UK spared from Donald Trump's 50% steel and aluminium tariffs

Adjusting Imports of Aluminum and Steel into the United States

https://www.whitehouse.gov/presidential-actions/2025/06/adjusting-imports-of-aluminum-and-steel-into-the-united-states/Whitehouse.gov
Adjusting Imports of Aluminum and Steel into the United States

Higher Tariffs on Steel and Aluminum Imports Go Into Effect

https://www.nytimes.com/2025/06/04/business/economy/trump-tariffs-steel-aluminum.htmlNytimes.com
Higher Tariffs on Steel and Aluminum Imports Go Into Effect

Trump ratchets up steel tariffs to 50%

https://www.nbcnews.com/business/business-news/trump-raises-tariffs-steel-50-percent-what-to-know-rcna210375Nbcnews.com
Trump ratchets up steel tariffs to 50%

Related Topics

businessmarketspolicyunited kingdominternationalsteeltradeunited states of americamarkettariffstrumpprotectionismeconomictariffustrade policypresident trumpstatespresidentinternational tradetariff increaseunitedstateeconomic protectionismus steel tariffs increase

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