President Trump is doubling tariffs on steel and aluminum to 50%. It's designed to protect domestic steel and aluminum workers, but critics say it will raise prices for those that use the metals.
A tax on all imported steel and aluminum could give a helping hand to domestic steel and aluminum makers, but raise costs for businesses and consumers that buy the metals.
The Russian invasion has taken a toll on Ukrainian metalworks — the country's second-largest industry — and there's still no deal to ship iron and steel products to customers.