<p>A cutting tool is provided which includes a steel metal body and a cemented carbide cutting tip secured to the metal body by a metallic layer. The metallic layer has a high-strength metallic portion and a high-toughness metallic portion. The high-strength metallic portion is made of a metal having a thermal expansion rate between a thermal expansion rate of the metal body and the thermal expansion rate of the cutting tip. The high-toughness metallic portion is located between edge portions of a securing region of the metal body and the cutting tip and has toughness larger than that of the high-strength metallic portion. The cutting tool can decrease the possibility of cracks being generated at the edge portions of the securing region by selecting a thermal expansion rate of the metallic layer so as to decrease the thermal stress caused during the cooling process after welding, and further by positioning a high-toughness metallic layer at the edge portions of the securing region where stress is concentrated and positioning a high-strength metallic layer meeting the strength requirement at the remaining portion of the securing region.</p>