Trump doubles tariffs on steel, aluminum imports to 50%

US President Donald Trump signed on June 3 an executive order to double tariffs on steel and aluminum imports to 50%.

The White House stated that the new tariff rate will take effect as of midnight Eastern Time.

The new tariffs apply to steel, aluminum, and their derivatives, according to the text of the decision published by the White House’s Rapid Response account on X.

President Trump’s decision was based on new data provided by the Department of Commerce following investigations, showing that the volume and conditions of steel and aluminum imports pose a threat to US national security.