Trump Increases Steel and Aluminum Tariffs to 50%
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jun 28 2025Tariff Increases: President Trump has announced a significant increase in tariffs on steel and aluminum imports from 25% to 50%, effective June 4, 2025, which will impact U.S. manufacturing costs and market stability.
Trade Talks Termination: The decision to raise tariffs has led to the termination of trade discussions with Canada over a digital services tax, causing potential disruptions in supply chains and increased operational costs for various industries.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
