Donald Trump orders 50% steel and aluminium tariffs to begin on June 4

On June 4, 2023, President Donald Trump announced the implementation of new tariffs of 50% on steel and aluminum, effectively doubling previous levies of 25%, as part of his ongoing trade war aimed at countering foreign dumping that threatens U.S. national security. While tariffs on UK steel and aluminum remain at 25% due to a recent trade deal, the move intensifies Trump’s trade agenda, which faces legal challenges following a court ruling on earlier tariffs. This development underscores the complexities of U.S. trade policy amidst ongoing legal disputes.