US Aluminum and Steel Tariffs are at 50%
So what does this mean and how can you position yourself?
This 50% tariff announcement represents what I believe is fundamentally a short-term trade policy maneuver rather than a sustainable long-term structural shift, though it will certainly have lasting implications for the industry. When President Trump announced on Friday, May 30th, that steel and aluminum tariffs would double from 25% to 50% effective June 4th, the market reaction was immediate and telling.