President Donald Trump says he’s going to double the tariff rate on steel to 50%, a dramatic increase that could further push up prices for a metal used to make housing, autos and other goods.

Trump tells US steelworkers he’s going to double tariffs on foreign steel from 25% to 50%

President Donald Trump says he’s going to double the tariff rate on steel to 50%, a dramatic increase that could further push up prices for a metal used to make housing, autos and other goods.