US to Double Tariffs on Steel Imports to 50%

Saturday, May 31, 2025

President Donald Trump has announced the US will double its current tariff rate on steel imports from 25% to 50%.

Posted by REDIAL at 10:32 AM | 10 COMMENTS | permalink | Comment on This Entry |

The 2018 steel tariffs just called to remind you that steel is produced by a tiny sliver of the economy, but used as an input by a much broader swathe of manufacturers. econofact.org/steel-tariff ...

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-- Justin Wolfers (@justinwolfers.bsky.social) May 30, 2025 at 6:23 PM

Comments

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Or not.
Depends.
Depends on when his Depends were changed.

#1 | Posted by LegallyYourDead at 2025-05-30 09:07 PM | Reply | Funny: 1

Tomorrow they will be down to 5 percent.

It's his stable genius negotiating tactics... according to him.

Read about it in his new book, Art of the Squeal.

#2 | Posted by Corky at 2025-05-30 09:27 PM | Reply

Virtue Signaling.

Steel as an employer left Pittsburgh fifty years ago.

#3 | Posted by snoofy at 2025-05-30 10:29 PM | Reply

"Trump repeatedly referred to a planned "partnership" between Nippon and U.S. Steel, without explaining what that would mean."

That sounds about right.

#4 | Posted by REDIAL at 2025-05-30 10:36 PM | Reply

"Trump said later on Friday that the deal between US Steel and Nippon Steel has not been finalized, despite the earlier celebration in Pennsylvania. "I have to approve the final deal with Nippon, and we haven't seen that final deal yet," Trump told reporters after returning to Washington."

One of the unanswered questions is, "How much of US Steel will Nippon own"?

#5 | Posted by REDIAL at 2025-05-30 10:55 PM | Reply

First you have to breath life into steel manufacturing then set up tariffs.

Just saying ---- doesn't get anything done.

Trump is the master of saying ---- without any intention of following through.

#6 | Posted by ClownShack at 2025-05-31 12:06 AM | Reply

First you have to breath life into steel manufacturing then set up tariffs.

No kidding. When this all got going, Nippon wanted to outright BUY US Steel. Biden blocked it.

Now Lewzer has a "deal" for a "Partnership" with Nippon. The HQ stays in Pennsylvania so they get the tax money. What does Nippon get?

#7 | Posted by REDIAL at 2025-05-31 12:12 AM | Reply

"One of the unanswered questions is, "How much of US Steel will Nippon own"?

Hopefully they get enough to build the Fifth Avenue El.

#8 | Posted by snoofy at 2025-05-31 02:07 AM | Reply | Funny: 1

TACO TACO MAN! Trump's got to be a TACO man

#9 | Posted by johnny_hotsauce at 2025-05-31 10:20 AM | Reply | Funny: 1

Does Pres Trump have a strategy that might explain there tactics?

If so, what is it?

#10 | Posted by LampLighter at 2025-06-01 12:50 AM | Reply