WASHINGTON -- U.S. tariffs on steel and aluminum are set to double to 50% on Wednesday, a levy the Trump administration says will safeguard the American steel industry from inexpensive imports.
Trump tariffs
Trump signs order doubling steel and aluminum tariffs to 50%
Impact expected to be felt in domestic supply chain, analysts and insiders say
U.S. President Donald Trump has said tariffs will help bolster the American steel and aluminum industry. (Source photos obtained by Nikkei)
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