U.S. Doubles Steel, Aluminum Tariffs; Federal Appeals Court Reinstates Reciprocal Tariffs

U.S. President Donald Trump announced tariffs on steel and aluminum would be doubled, reports Time.

The announcement followed a decision by the Court of Appeals for the Federal Circuit to reinstate Trump’s reciprocal tariffs, just a day after the Court of International Trade ruled they were illegal, per Automotive Logistics.

Time shared that on Friday, during a rally at U.S. Steel's Mon Valley Works–Irvin Plant in West Mifflin, Pennsylvania, Trump said that the 25% tariffs on steel and aluminum would be doubled to 50%.

In a post on Truth Social, Trump said the doubled tariff would take effect on Wednesday, June 4.

The move is expected to impact the automotive industry’s manufacturing processes, as well as other sectors including construction, according to Felix Tintelnot, professor of economics at Duke University.

“Yes, it does help the domestic steel sector, but [it’s] hurting these other sectors of the economy, and they are already hard hit by other tariffs,” said Tintelnot.