The United States has doubled tariffs on steel and aluminum imports, signaling a renewed commitment to protectionist trade policies. The move, announced by President Trump at a Pennsylvania steel factory, aims to bolster domestic steel production by making foreign steel more expensive.

The tariffs, now at 50 percent, are expected to significantly impact international steel suppliers, including Tata Steel’s Dutch branch in IJmuiden. Tata Steel acknowledges the increased tariffs will financially affect their operations, with 12 percent of their turnover coming from the U.S. The company already faces challenges with high energy costs and competition from Asia, leading to job cuts.

The European Commission has strongly condemned the tariff increase, warning of increased uncertainty and costs for consumers and businesses. They also said it would thwart talks between the EU and the US about settling the trade conflict. The EU is prepared to retaliate with tariffs on American products.

Despite a trade agreement with the British government, the U.S. continues to impose a 25 percent tariff on steel and aluminum imports from the United Kingdom. The higher tariffs are raising concerns about increased steel prices within the U.S., potentially harming industries that rely on steel, such as car manufacturers. The doubled tariffs represent a significant escalation in the ongoing trade war and highlight the Trump administration’s determination to protect domestic industries.