U.S. President Donald Trump has signed an executive proclamation doubling tariffs on imported steel and aluminium from 25 to 50, effective June 4, 2025. Citing national security threats and unfair pricing by foreign nations, Trump’s policy is designed to protect American industries but is already sending shockwaves across global markets. The move affects consumer goods, construction, automobiles, and grocery prices. India and the European Union have expressed strong objections, and metal stocks worldwide have dipped sharply. While the UK is temporarily spared due to a bilateral trade deal, other nations now face steep barriers. Industry leaders offer mixed reactions, with some praising the protectionism and others warning of inflation and global instability. Trump’s decision reignites debates around the effectiveness of tariffs, with studies offering conflicting outcomes. Will this move secure American jobs and revive manufacturing, or lead to a wider economic backlash? Stay tuned for comprehensive updates only on Democratic News TV.