President Donald Trump said Friday that he’s doubling the tariff rate on steel to 50%, a dramatic increase that could further push up prices for a metal used to make housing, autos and other goods.

Eric Robison, a commercial real estate broker who leads Thalhimer’s capital markets team, has been promoted to president, effective June 1. He will succeed current president Lee Warfield in the role.

Elon Musk resigns from the Department of Government Efficiency, earning Trump’s praise amid critics’ concerns over cuts and confusion.