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WH: Trump to Sign Order Doubling Metals Tariffs
NewsMax ^ | Tuesday, 03 June 2025 02:28 PM EDT

Posted on 06/03/2025 1:23:44 PM PDT by SoConPubbie

President Donald Trump will sign an executive order on Tuesday making official his vow to double tariffs on steel and aluminum, White House spokeswoman Karoline Leavitt told reporters in a briefing.

Trump on Friday announced that he would increase tariffs on the two metals from 25% to 50%. On Monday, U.S. steel and aluminum prices jumped while shares of foreign steelmakers fell.

(Excerpt) Read more at newsmax.com ...


TOPICS: Business/Economy; Constitution/Conservatism; News/Current Events; Politics/Elections
KEYWORDS: tariffs; taxesandtariffs; trump

1 posted on 06/03/2025 1:23:44 PM PDT by SoConPubbie
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To: wattojawa

Ping.


2 posted on 06/03/2025 1:38:26 PM PDT by lightman (Beat the Philly fraud machine the Amish did onest, ja? Nein, zweimal they did already!)
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To: SoConPubbie

Every product that uses specialty steel not made in the US, will face increased prices - especially the auto industry.


3 posted on 06/03/2025 2:24:18 PM PDT by PIF (They came for me and mine ... now its your turn)
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To: lightman

This won’t hurt American carmakers or appliance manufacturers at all.


4 posted on 06/03/2025 2:54:39 PM PDT by GrootheWanderer
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5 posted on 06/03/2025 5:04:40 PM PDT by SunkenCiv (Putin should skip ahead to where he kills himself in the bunker.)
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; BraveMan; cardinal4; ...
Whoops.

6 posted on 06/03/2025 5:05:49 PM PDT by SunkenCiv (Putin should skip ahead to where he kills himself in the bunker.)
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To: SoConPubbie

Excellent.


7 posted on 06/03/2025 5:09:38 PM PDT by MotorCityBuck (Keep the change, you are filthy animal !!)
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To: SoConPubbie

The public seems to strongly support Trump policies on immigration. An articulate Tom Homan helps.
There is strong support for DOGE, for cutting the bureaucracy, for cutting government employment, for cutting regulations that hogtie us all. Spokes people on this are well liked.

The public is nervous on tariffs. They are definitely not pro-tariffs. But they are not anti either. They are skeptical and on the fence. It does not help that there is not a single spokesperson on tariffs that makes any sense. They have no logic. They have no charisma.

But it is interesting Target is going down, not due to tariffs, but due to boycotts from the left. And the media is blaming the stupidity of the left eating its own and not blaming Trump or tariffs.

Put simply, for tariffs to work, many more nuisance regulations need to be cut at both the federal an state level. How can Americans compete when they have to comply with all the nuisance regulations? Why do the pro-Trump red states not cut their stupid regulations?

Is it because the red states have state level swamps where the lawmakers and powers that be profit in legal and consulting fees from compliance with the regulations?


8 posted on 06/03/2025 5:27:33 PM PDT by spintreebob
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To: PIF

Many domestic made steel is required for a lot of products in the U.S. for safety reasons.

Boiler tubes construction............................


9 posted on 06/04/2025 7:29:15 AM PDT by Vaduz
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