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Trump’s 50 per cent steel and aluminum tariffs go into effect

Les tarifs de 50 % sur l'acier et l'aluminium de Trump entrent en vigueur

Daily Commercial News June 04, 2025 1 min read
Construct Connect Canada
Trump’s 50 per cent steel and aluminum tariffs go into effect
AI Article Summary

The United States has increased tariffs on steel and aluminum imports to 50 percent, following President Donald Trump's executive order to double the previous 25 percent rate. The decision aims to support domestic production by making foreign imports more expensive. The tariffs could have significant effects on the global steel and aluminum supply chain, including potential impacts on construction costs.