Source: ITR Economics – June 2025
The US government’s decision to double tariffs on steel and aluminum imports has naturally sparked concerns. Learn how you can prepare for this change.
The US government’s recent decision to double tariffs on steel and aluminum imports – from 25% to 50% – has understandably raised questions among clients about inflation, supply chain disruption, and the broader economic outlook. While we recognize the significance of such policy adjustments for specific markets, we want to be clear: This update represents a change in the level of an existing tariff regime, not a structural change to the global economy.