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JUST IN: President Trump Announces He Is Doubling Steel Import Tariffs From 25% to 50% (VIDEO)

President Trump on Friday announced he is doubling steel import tariffs from 25% to 50%.

Trump made the announcement during a rally at U.S. Steel’s Irvin Works plant in celebration of a new deal entered into between the American steel manufacturer and Japan’s Nippon Steel.

“We are going to be imposing a 25% increase. We’re going to bring it from 25% to 50% — the tariffs on steel into the United States of America, which will even further secure the steel industry in the United States. Nobody’s going to get around that,” Trump said.

“At 25% they can sorta get over that fence,” Trump said. “At 50% nobody’s getting over that fence,” Trump said.

WATCH:

President Trump also announced a $5,000 bonus for every steelworker.

The steelworkers erupted in applause.

The post JUST IN: President Trump Announces He Is Doubling Steel Import Tariffs From 25% to 50% (VIDEO) appeared first on The Gateway Pundit.