President Donald Trump wrote in his executive order the higher tariffs would “more effectively counter foreign countries that continue to offload low-priced, excess steel and aluminum in the

The tariff hike on foreign metals went into effect just after midnight on Wednesday, and they apply to nearly all imports of steel and aluminum.

President Donald Trump is using his love of tariffs to threaten high-profile American companies. Over the past month, Trump has said he’d like to target two specific and very different companies — Apple and Mattel — with tariffs aimed at their key products over comments by their CEOs.