"Higher tariffs on steel and aluminum are likely to raise the cost of key construction materials, and these added costs could be passed through to homebuyers through higher home prices," Jones said.

President Trump’s steel and aluminum tariffs doubled Wednesday to 50 percent, a dramatic move aimed at protecting U.S. industries but one that economists say could increase prices for Americans.

The United States will double tariffs on steel and aluminum to 50% starting Tuesday, in a new show of force by President Donald Trump, even as courts challenge the legal foundation of his trade ...

Jim Cramer said President Donald Trump's new steel tariffs are a "doubled-edged sword" for domestic producers in that they raise average selling prices, but they're not necessarily good for ...

GM Stock Drops Following Trump Threat To Double Steel Import Tariffs By Jonathan Lopez June 2, 2025 1:33 pm 29 Sponsored ...

The total 2024 import value for the 289 product categories came to US$147.3 billion with nearly two-thirds aluminum and one-third steel, according to Census Bureau data retrieved through the US ...

President Donald Trump/Screengrab President Donald Trump has announced the US will double its current tariff rate on steel and aluminium imports from 25% to 50%, starting on Wednesday. Speaking at ...

Donald Trump said he would double tariffs on steel and aluminium imports from 25 per cent to 50 per cent in a fresh escalation of his global trade war.

The EU has said it "strongly" regrets Donald Trump's surprise plan to double US tariffs on steel and aluminium in a move that risks throwing bilateral trade talks into chaos. On Friday, the US ...

WEST MIFFLIN, Pa.—President Trump said he would double tariffs on imported steel, a move he said would bolster the domestic industry and protect U.S. jobs. Trump announced the higher duties at a ...