US tariffs on steel, aluminum imports of 50% to take effect on June 4 — Trump

The increased customs tariffs in the amount of 50% on imports of steel and aluminum to the US will take force on June 4, US President Donald Trump wrote on his Truth Social page, Report informs.

Earlier, speaking in Pittsburgh, Pennsylvania Trump announced an increase in tariffs on steel imports from 25% to 50%.

"It is my great honor to raise the tariffs on steel and aluminum from 25% to 50%, effective Wednesday, June 4th. Our steel and aluminum industries are coming back like never before," the US president wrote on Truth Social.