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Trump Doubles Steel Tariffs To 50% Saying It Will 'Secure' American Jobs, Backs US Steel's Takeover By Japan's Nippon

Summary

Donald Trump announced a 50% tariff on imported steel and endorsed Nippon Steel's takeover of U.S. Steel, calling both moves essential to protecting American jobs and revitalizing domestic industry.

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Article published on May 31, 2025 by benzinga