US 50% Tariffs On Steel & Aluminium Now In Force

Michelle Leung, Head of Asia Metals & Mining, Bloomberg Intelligence

05-Jun-25 08:30

US 50% Tariffs On Steel & Aluminium Now In Force

Pause
Embed

The US tariffs on imported steel and aluminum officially doubled from 25% to 50% on June 4th, affecting all countries exporting these metals to the US, except the UK. Michelle Leung, Head of Asia Metals & Mining at Bloomberg Intelligence, explains the impact of this on industries and consumers from the US, all the way to Asia and Malaysia.

Image Credit: Shutterstock.com

Produced by: Jake Lim

Presented by: Wong Shou Ning, Shazana Mokhtar, Keith Kam

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories: economy, international, government, politics, controversies, investments

Tags: us, tariffs, trump, steel and aluminium, metals,

Today’s Shows

6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Carlos Casanova, Senior Economist, UBP tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Alex Muscatelli of Fitch Ratings discusses the global economic outlook.

7:45 AM

Morning Brief

Ng Zhu Hann of Tradeview Capital discusses the effectiveness of the government's GEAR-UP programme in driving economic growth.

8:00 AM

The Breakfast Grille LIVE

Dr. Edward Harcourt of QS Quacquarelli Symonds talks about how relevant university rankings are today.

8:30 AM

Morning Brief

We break down the day’s top news with expert insights.

8:45 AM

Morning Brief

Dr. Michael Montesano of ISEAS-Yusof Ishak Institute discusses what Prime Minister Paetongtarn Shinawatra’s suspension means for Thailand’s government stability.

9:00 AM

Opening Bell

(REPEAT) Carlos Casanova, Senior Economist, UBP tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) We take a look at the FBM KLCI as well as regional capital markets.

9:35 AM

The Property Show

Imran Clyde of Nextdor Property Communications shares his insights on the legal aspects of property advertising.

10:05 AM

Open For Business

ALT Synergy's CEO Nash Muhammad discusses their AI platform that helps influencers and new brands create and launch compliant health supplements.

11:00 AM

The Workplace

Andy Fisher, Co-founder & Chief Happiness Officer, The Happy Consultancy Group discusses employee disengagement and how happiness can be a powerful business strategy

12:00 PM

Enterprise Explores

E-commerce 3.0: Forget Growth, It’s About Margins. Momentum Works' CEO Jianggan Li unpacks their 'E-commerce in Southeast Asia 3.0' report, covering the shift to profitability, platform dominance, and the impact of AI.

1:00 PM

The Breakfast Grille Repeat

Dr. Edward Harcourt of QS Quacquarelli Symonds talks about how relevant university rankings are today.

2:05 PM

Discovery Hour

3:05 PM

Earth Matters

Fireflies: nature's fairy lights, yet their glow hides a tale of ecosystem health, habitat loss, and potential disappearance. With World Firefly Day just around the corner, we explore these bioluminescent beetles with guests from education, science, and conservation.

4:05 PM

Health & Living

What does a medical social worker do? How can they help patients connect to the support and resources needed? We find out.

5:00 PM

Top 5 at 5

6:00 PM

Good Things

Malaysian artist Khabir Roslan speaks to us about his debut work, featuring installations and pieces made out of kitchen waste.

7:00 PM

Made in Malaysia

We speak to board game designer Goh Choon Ean about what makes Malaysian board games unique.

8:00 PM

Cruise Control

Should you buy an old stock electric vehicle in Malaysia? Daniel Fernandez shares what he thinks and gives some tips on how to do it.

PROGRAMMES