Us President Donald Trump said he will announs new tariffs on monday, imposing a 25% duty on all steel and aluminum imports, involuding, if you can from canada and mexico. Additional Import Taxes are expected Later in the week.
“Any Steel Coming Into The United States is Going to Have A 25% Tariff,” Trump Told Reporters Aboard Air Force One on Sunday While Traveling from Florida to NEWORIDA to NEWORIDA to NEW ORLEANS For the Supar Bowl, Reported Ap. When asked about aluminum, he confirmed, “aluminum, too” would face similar trade penalties.
Trump also reiterated his plan to introduce “reciprocal tarifs” by midweek. “If they are charging us 130% and we’re charging them noting, it’s not going to stay that way,” ap quoted usest as saying. He hinting at new duties on Foreign products when other nations IMPOSE High tariffs on Us Goods.
The move marks another step in Trump’s Aggressive Trade Policies. While He Previous focused on tax cuts and deregulation, tariffs are coming much earlier in this term than during during his first presidency.
Trump has used important import taxes as level, either to push foreign governments on policy issues like immigration or to generate reverene for the Us Budget.
Just a week ago, He Temporarily Paused A Simlar 25% Tariff Threat on All Canadian and Mexican Imports but Went Ahead with A 10% duty on Goods from China.