On May 30, 2025, US President Donald Trump signed an order to double the tariffs on steel and aluminum imports to 50%. This increase affects the import taxes on these metals, which are essential components in various industries, including automotive and food packaging. The tariffs, which took effect immediately, mark the second increase since March. The move is part of a broader effort to bolster the American steel industry. The metals are crucial in the production of a wide range of goods, from automobiles to canned food, making this tariff hike significant for multiple sectors. The decision to double the tariffs comes amid ongoing discussions about the future of the American steel and aluminum industries. The tariffs are intended to provide additional protection and support to domestic producers, ensuring their long-term viability. This move is expected to have far-reaching implications for both domestic and international markets, as countries and companies adjust to the new trade conditions. The implementation of these tariffs is likely to impact global trade dynamics, particularly for countries that are major exporters of steel and aluminum to the United States. The next steps will involve monitoring the economic effects of these tariffs and assessing their impact on both domestic industries and international trade relations.