President Trump said at a rally in Pennsylvania on Friday that he is going to double tariffs on steel imports from 25% to 50%. The hike, the president said, "will even further secure the steel industry in the United States.

President Donald Trump announced Friday that he would set tariffs on steel imported into the United States at 50%, double their current rate.

President Donald Trump announced on Friday that he plans to double the tariffs on steel and aluminum imports—increasing the charge from 25% to 50%.The tariff escalation comes at a precarious time, as Trump’s “reciprocal” tariffs are immersed in legal trouble at the court level and many U.