President Donald Trump’s 2018 steel and aluminum tariffs made domestic production more lucrative. But higher prices will cause hardship throughout the manufacturing sector.

The 50% tariffs are supposed to apply to foreign-produced steel and aluminum starting from June 4.

Tariffs on steel and aluminum impact everything from packaging to the bottom lines of stores like Walmart.

“What we learned from the last tariff experience is that what goes up must come down,” says Lisa Goldenberg of Delaware Steel Co. “So it's kind of a last man standing.”

Recent research finds that higher tariffs on dirtier imports could reduce carbon emissions.

Remember those steel and aluminum tariffs that were supposed to target China but also pulled in Europe and Canada? Most of them still exist.

“When you take out major players, anything that destabilizes the world economy affects steel, affects all of us,” says Lisa Goldenberg, president of Delaware Steel Company.

Tariffs won’t go away altogether. Some reduction could impact prices, but not immediately.

President Biden lifted a 25% tariff from European Union steel, but British steelmakers complain that they’re being unfairly penalized.

After a difficult 2020, VP of RM Metals in New Jersey Sam Desai talks about the outlook for his company and for the steel sector writ large.