Trump doubles steel tariffs to 50%, slams shoddy Chinese products while celebrating Nippons $14B investment in America

President Trump announced Friday that he would double tariffs on imported steel to 50% following a pair of court rulings that left many of his signature duties in limbo.“At 25%, they can sort of get over that fence.At 50%, they can no longer get over the fence,” Trump told US Steel employees at a rally in West Mifflin, Pa.“Pittsburgh will very soon be respected around the world as the Steel City again,” Trump told the crowd.“We don’t want America’s future to be built with shoddy steel from Shanghai, we want it built with the strength and the pride of Pittsburgh.”The president made the visit to tout a deal in which Japan’s Nippon Steel invested $14 billion in the famous company rather than buying it outright, a prospect which was long a political controversy.“This is an incredible deal for American steel workers, and it includes vital protections to ensure that all steel workers will keep their jobs at all facilities in the United States will remain open and thriving,” Trump said.Trump won the Nov.
5 election in part by carrying Pennsylvania and other swing states and promised to look out for the steel industry’s workers — who he proclaimed supported him.He previously tightened his first-term 25% tariffs on steel imports — in February scrapping exceptions for top importing countries such as Canada, Mexico and Brazil....