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U.S. President Donald Trump said Friday he plans to treble the tariff complaint connected alloy to 50 per cent, a melodramatic summation that could further propulsion up prices for a metallic utilized to marque housing, vehicles and different goods.
Move could further propulsion up prices for metallic utilized to marque vehicles, cans and different goods
The Associated Press
· Posted: May 30, 2025 6:39 PM EDT | Last Updated: 16 minutes ago
U.S. President Donald Trump said Friday he plans to treble the tariff complaint connected alloy to 50 per cent, a melodramatic summation that could further propulsion up prices for a metallic utilized to marque housing, vehicles and different goods.
Trump was speaking astatine U.S. Steel's Mon Valley Works–Irvin Plant successful West Mifflin, Pa., to denote investments by Japan's Nippon Steel.
"We are going to beryllium imposing a 25 per cent increase. We are going to bring it from 25 per cent to 50 per cent, the tariffs connected alloy into the United States of America, which volition adjacent further unafraid the alloy manufacture successful the United States. Nobody's going to get astir that," helium said.
"At 25 per cent, they tin get implicit that fence. At 50 per cent, they tin nary longer get implicit that fence."
The U.S. archetypal imposed a 25 per cent tariff connected alloy and aluminum from Canada successful March.
CBC News has contacted the national authorities for comment.
More to come.