Trump's new salvo about to upend world trade; 50% tariff on steel & aluminum to kick in on June 4
- Posted on June 4, 2025
- By Business News Today
- 1 Views
Trump's new salvo about to upend world trade; 50% tariff on steel & aluminum to kick in on June 4
President Trump is doubling tariffs on most imported steel and aluminum to 50%, effective Wednesday, except for Britain, which has a preliminary trade agreement. This increase impacts major trading partners like Canada and Mexico significantly.
