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U.S. Steel and Aluminum Tariffs: Economic Impact and Manufacturing Challenges

Updated: 1 day ago


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June 3, 2025


U.S. Steel and Aluminum Tariffs:

Economic Impact and Manufacturing Challenges in 2025


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Wisconsin’s Afternoon News

WTMJ Radio

June 3 @ 4PM
Interviewer: John Mercure // @JohnMercure // FB


President Trump announced a 50% tariff on imported steel and aluminum, effective tomorrow, which is expected to increase consumer costs over time. International trade attorney Michelle Schulz discussed the impact, noting that the tariffs aim to boost U.S. manufacturing but may not be feasible immediately. Manufacturers are frustrated and uncertain about how to adapt, as steel and aluminum are essential for many products. The tariffs will force companies to either raise prices or shift production to the U.S., which will be costly and time-consuming.



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Michelle Schulz at 00:20


U.S. Steel and Aluminum Tariffs:

Economic Impact and Manufacturing Challenges in 2025


The landscape of international trade law is rapidly evolving, with recent policy shifts signaling significant implications for domestic manufacturing and global economic strategies. President Trump's proposed 50% tariff on imported steel and aluminum represents a critical inflection point for U.S. trade policy, challenging existing supply chains and potentially reshaping industrial production paradigms. As businesses and consumers navigate these complex regulatory changes, understanding the nuanced economic consequences becomes paramount for strategic decision-making in an increasingly protectionist global market.


"The reaction that I'm seeing... is frustration, sadness, confusion, they don't know what to do, and the rules continue to change, but with steel and aluminum, you almost can't manufacture things like cars, machinery and aircraft and parts. You can't do it without steel and aluminum, so everyone's going to have to shift their sourcing to the US or pay 50% and companies are really just struggling with what to do."

~ Michelle Schulz




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