Donald Trump Announces 50% Tariff on Steel Imports to 'Secure Industry in US'

On May 30, 2025, US President Donald Trump delivered a speech at the US Steel Corporation's Mon Valley Works-Irvin plant located in West Mifflin, Pennsylvania. During his address, President Trump announced that the United States would raise tariffs on imported steel to 50 percent. This move effectively doubles the previous tariff rate on steel imports. The stated aim of the policy is to provide additional protection for the domestic steel industry against foreign competition. The announcement was made at a significant location for the US steel sector, reflecting the administration's ongoing focus on manufacturing and domestic industry. The decision is expected to have implications for international trade relations and could affect steel prices and supply chains both within the United States and globally. The measure follows previous tariff increases on steel imports implemented during Trump's earlier term as president, which were justified as necessary for national security and economic stability. The new 50% tariff is part of broader efforts to support American manufacturing and jobs in the steel sector.