Trump announced that starting June 4, the import tariff on steel will be raised to 50%.

[Trump announces increase in import steel tariff to 50% starting June 4] On May 30 local time, U.S. President Trump stated at a rally in Pennsylvania that the tariff on imported steel would be raised from 25% to 50%. Subsequently, Trump posted on his social media platform that the decision would take effect starting June 4. The White House announced on social media that "to further protect the U.S. steel industry from foreign and unfair competition, starting next week, the tariff on imported steel will increase from 25% to 50%."