President Trump said at a rally in Pennsylvania on Friday that he is going to double tariffs on steel imports from 25% to 50%. The hike, the president said, "will even further secure the steel industry in the United States.

Trump has accused the courts of conducting a coup against him by striking down his tariffs. In reality, this is the constitutional system working things out.

President Trump’s threat to impose big charges — including 50 percent on the European Union — was in question after judges blocked his across-the-board levies.

A cloud hangs over the global economy, experts have warned, after a bombshell court ruling blocked Donald Trump’s tariffs, creating more “confusion and uncertainty”.Financial markets reacted positively to the unanimous ruling by three judges,

"This ruling protects American businesses from the destabilizing effects of volatile, unilaterally imposed tariffs."

US President Donald Trump on Thursday won a temporary legal relief as a federal appeals court granted a stay, allowing his tariff policy to remain in effect for now. The move will allow the administration to keep collecting the import taxes for now,

President Trump said on Friday that he would double the tariffs he had levied on foreign steel and aluminum to 50 percent, a move that he claimed would further protect the industry.

The president attacked the Federalist Society, a conservative group, over a federal trade court decision against his sweeping implementation of tariffs.