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.

Finer details of the partnership between U.S. Steel Corp. and Japan’s Nippon Steel Corp. remained elusive Friday after President Donald Trump touted the deal as a “blockbuster” agreement worth more than $14 billion in investments — while also announcing he will double U.

President Donald Trump is scheduled to travel to Pittsburgh on Friday to herald the partnership — a move he initially opposed and pledged to block.

President Donald Trump touts Nippon Steel’s partnership with U.S. Steel, calling it “a blockbuster agreement" that ensures the company “stays an American company."

Tariff hike, Nippon Steel investments of more than US$20 billion would benefit American steelmaking, US leader claims.

President Donald Trump on Friday announced during an event at a steel facility in Pennsylvania that tariffs on steel would increase from 25% to 50%.