President Trump has doubled the rate on foreign metals to 50%, saying the levies weren’t high enough to help the U.S. industry.

The findings come as tensions with China and other key trading partners ratcheted up again after President Trump threatened to double steel and aluminum tariffs. Also on Tuesday, the OECD warned ...

A U.S. tariff on imports of steel and aluminum took effect Wednesday, doubling to 50% and casting a pall on a gathering of OECD ministers.

Home builders, car manufacturers and can makers are among those that will see higher prices for materials. Those companies could charge customers more.

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.

On Wednesday, a US auto parts group, MEMA, the Vehicle Suppliers Association, has urged immediate action over China's tighter controls on rare earth exports, warning the move could soon disrupt car production.

Beijing has approved more export licenses for the critical minerals and magnets in recent days, but supplies remain scarce and factories in the West are running out.

The increase in U.S. metals tariffs applies to all trading partners except Britain, the only country so far to strike a preliminary trade agreement with America during a 90-day pause on a wider array of Trump tariffs.