President Donald Trump announced on Friday that he’s doubling tariffs on foreign steel from 25 to a mammoth 50 percent as he celebrated a “partnership” between U.S. Steel and Japan’s Nippon Steel.
“We're going to bring it from 25 percent to 50 percent, the tariffs on steel into the United States of America, which will even further secure the steel industry in the United States. Nobody is going to get around that,” Trump told a cheering crowd outside Pittsburgh.