JUST IN: President Trump Announces He Is Doubling Steel Import Tariffs From 25% to 50% (VIDEO)

President Trump on Friday announced he is doubling steel import tariffs from 25% to 50%.

Trump made the announcement during a rally at U.S. Steel’s Irvin Works plant in celebration of a new deal entered into between the American steel manufacturer and Japan’s Nippon Steel.

“We are going to be imposing a 25% increase. We’re going to bring it from 25% to 50% — the tariffs on steel into the United States of America, which will even further secure the steel industry in the United States. Nobody’s going to get around that,” Trump said.

“At 25% they can sorta get over that fence,” Trump said. “At 50% nobody’s getting over that fence,” Trump said.

WATCH:

MAJOR BREAKING: Trump announces he is now *DOUBLING STEEL IMPORT TARIFFS* from 25% to 50%.

He makes the announcement in PITTSBURGH, PA to a crowd full of steelworkers. pic.twitter.com/9hEd1Os8hh

— Eric Daugherty (@EricLDaugh) May 30, 2025

President Trump also announced a $5,000 bonus for every steelworker.

The steelworkers erupted in applause.

WATCH: US Steel workers just went NUCLEAR after Trump announced they will all receive a $5,000 bonus as part of the new deal he negotiated.

“There will be no layoffs and no outsourcing whatsoever, and every U.S. steel worker will soon receive a well-deserved $5,000 bonus.”… pic.twitter.com/T1USdbNnVj

— George (@BehizyTweets) May 30, 2025