Trump says he plans to double steel tariffs to 50pc
US President Donald Trump says he plans to increase tariffs on foreign steel imports from 25 per cent to 50 per cent.
"We are going to be imposing a 25 per cent increase," he said at a rally in Pennsylvania on Friday local time.
"We're going to bring it from 25 per cent to 50 per cent the tariffs on steel into the United States of America, which will even further secure the steel industry in the United States."
The move further ratchets up pressure on global steel producers amid his deepening trade war.
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