Tariffs Explained: Everything You Need to Know as Trump Doubles Another Tariff

Tariffs Explained: Everything You Need to Know as Trump Doubles Another Tariff

While Donald Trump's wide-ranging taxes on imports face scrutiny in court, rates on steel and aluminum have been doubled. Here's what it'll all mean for you.

Trump’s 50% steel and aluminum tariffs go into effect

WASHINGTON -- Tariffs on imports of steel and aluminum to the United States are increasing to 50% today after President Donald Trump followed through on his plan to double the duties.

Trump’s 50% tariffs on foreign steel and aluminum take effect

Trading partners express anger, including Mexico, which buys more steel from the US than it sends the other way. Plus, Bernie Sanders on why the Democrats failedDon’t already get First Thing in your inbox? Sign up hereGood morning.The US has doubled tariffs on foreign steel and aluminum imports to 50%, pressing ahead in the face of criticism from key trading partners with a measure that Donald Trump says is intended to revive the American indust…

Trump’s 50% tariffs on imported steel, aluminum take effect

US President Donald Trump's 50% tariffs on most imported steel and aluminum went into effect on Wednesday, the same day as his deadline for trading partners to give their "best offer" in bids to avoid import tax rates on other goods from taking effect next month.

Trump raises steel, aluminum tariffs to 50%, hitting key Ukrainian export

Steel production is one of Ukraine's core industrial sectors and its second-largest source of foreign currency after agriculture.

The Latest: Trump promises to hike steel and aluminum tariffs to 50% starting Wednesday

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