Trump says he will raise import tariffs on steel to 50%.
Golden Finance reported that U.S. President Trump stated on the 30th local time that he would raise the import tariff on steel from 25% to 50%. Trump signed an executive order on February 10, announcing a 25% tariff on all steel and aluminum imported to the United States. The measure imposing a 25% tariff on all steel and aluminum imported to the United States officially took effect on March 12 local time.