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Euronews

Gabriele Barbati

THE TRUTH ABOUT: Trump announces 50 increase on steel and aluminium tariffs - Caught on Camera

Donald Trump aluminium European Union US Steel United States Julia Demaree Nikhinson Europe Nippon Steel

President Donald Trump announced the US will double its tariffs on steel imports and aluminium to take effect on Wednesday — a measure expected to have a significant impact on Europe.

Trump said that doubling taxes on imported steel would "further strengthen the steel industry in the United States". In a post, published later on his Truth Social platform, the US president added that duties on aluminium will also increase from 25% to 50%.

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