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President Donald Trump has announced that he will double import tariffs on steel to 50% as of June 4 in a move that has left homebuilders bracing for soaring costs.

The United States will double its tariffs on imported steel and aluminum starting tomorrow, according to the White House, as it published an order signed by US President Donald Trump.

Donald Trump has promised to hike nearly all of his tariffs on foreign steel and aluminum to a punishing 50%.

The president first announced the doubling of tariffs on aluminum and steel at a rally in Pennsylvania last week.

United States President Donald Trump signed a proclamation on Tuesday to double tariffs on imports of steel and aluminium to 50 percent this week.

The president promises the U.S. will thrive due to his economic actions, but many business leaders and investors are less confident.

WASHINGTON – U.S. President Donald Trump signed an executive order on Tuesday to double steel and aluminum tariffs, as Canadian officials say they’re still hoping for a good outcome from m ...

U.S. President Donald Trump signed an executive order to double tariffs on steel and aluminum to 50 per cent effective after midnight.

WASHINGTON — U.S. President Donald Trump has signed an executive order that will double steel and aluminum tariffs on Wednesday as Canadian officials say they’re still hoping for a good outcome from ...

Steel stocks jumped Monday after President Trump vowed to double tariffs on the metal to 50% — and vowed to revive the American steel industry.