India, June 4 -- President Donald Trump has signed a Proclamation to increase the import tariff on steel and aluminum to 50 percent. The doubled tariff, from 25 percent to 50 percent, went into effect on Wednesday.
However, tariffs on steel and aluminum imports from the United Kingdom will remain at 25 percent.
The temporary exemption is subject to "possible changes or quotas starting July 9, 2025, depending on the status of the U.S.-UK Economic Prosperity Deal," the White House said, referring to the trade deal the UK government announced with the US early last month.
Immediately after that, U.S. tariffs on automotive were slashed from 27.5 percent, with steel and aluminum reduced to zero.
As per Tuesday's presidential proclamation, th...