While hiking tariffs could help U.S. steel producers, it is expected to increase costs for consumers and American makers of a variety of products − from cars to homes − that use steel.

President Donald Trump dropped a bombshell at a Friday evening rally, announcing that tariffs on imported steel would go from 25% to 50%.That move is designed to help the domestic industry profits.

The Trump administration's decision to double tariffs on steel and aluminum imports to 50% is stirring debate. While aimed at bolstering national security and revitalizing the U.S. steel industry, ...

President Donald Trump said Friday that he would double steel and aluminum import tariffs to 50% from next week, the latest ...

President Donald Trump on Friday announced during an event at a steel facility in Pennsylvania that tariffs on steel would increase from 25% to 50%.

During a rally at a steel plant the US president announced that he will raise tariffs on steel imports from 25 to 50 per cent. He then announced the same for aluminium. The measure, which would hit ...

US President Donald Trump said Friday that he would double steel import tariffs to 50 percent, speaking in Pennsylvania at a US Steel plant where he also touted a partnership between the ...