In a move set to intensify global trade tensions, former U.S. President Donald Trump has announced a sharp increase in tariffs on imported steel and aluminum, raising them from 25% to 50%. The decision, part of his renewed push to revive U.S. manufacturing and protect domestic industries, has

In a move that could reshape the global steel trade landscape, U.S. President Donald Trump has announced a significant hike in import duties on foreign steel and aluminum, raising them from 25% to 50%. The new tariffs, effective from June 4, 2025, are aimed at protecting the domestic steel industry and preventing foreign nations from […]