ByAlison Durkee

ByAlison Durkee,

Forbes Staff.

President Donald Trump’s tariffs on steel and aluminum imports increased to 50% on Wednesday—the latest tariff policy change, as the president and his administration have frequently flip-flopped its sweeping trade policy in the weeks since “Liberation Day.”

Treasury Secretary Scott Bessent (2nd R) and Commerce Secretary Howard Lutnick look on as President ... More