US 50% Tariffs On Steel & Aluminium Now In Force

Michelle Leung, Head of Asia Metals & Mining, Bloomberg Intelligence

05-Jun-25 08:30

US 50% Tariffs On Steel & Aluminium Now In Force

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The US tariffs on imported steel and aluminum officially doubled from 25% to 50% on June 4th, affecting all countries exporting these metals to the US, except the UK. Michelle Leung, Head of Asia Metals & Mining at Bloomberg Intelligence, explains the impact of this on industries and consumers from the US, all the way to Asia and Malaysia.

Image Credit: Shutterstock.com

Produced by: Jake Lim

Presented by: Wong Shou Ning, Shazana Mokhtar, Keith Kam

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Categories: economy, international, government, politics, controversies, investments

Tags: us, tariffs, trump, steel and aluminium, metals,

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