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    Market Segment

    May 30, 2025

    Trump says Section 232 tariff on steel, aluminum to double to 50% at Pennsylvania rally celebrating Nippon-USS deal

    Written by Stephanie Ritenbaugh

    President Trump announced higher tariffs on steel and aluminum imports into the United States at a rally on Friday celebrating a “planned partnership” between U.S. Steel and Nippon Steel,

    Specifically, Trump said he would double Section 232 tariffs on imported steel from 25% to 50%. He added in a social media post that the move also applied to aluminum. The president said the higher rates would go into effect on Wednesday, June 4.

    Stephanie Ritenbaugh

    Stephanie Ritenbaugh is a reporter for Steel Market Update. She is an experienced business journalist, holding a variety of positions for trade publications and newspapers, including covering shale development for Gas Business Briefing/Platts and for the Pittsburgh Post-Gazette. She can be reached at stephanie.ritenbaugh@crugroup.com or +1 724-759-7868

    Read more from Stephanie Ritenbaugh

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