Trump announces a 25% tariff in all steel and aluminum imports

President Donald Trump has ordered 25% import tax in all steel and aluminum in the United States in a large expansion of existing trade barriers.

Metals to increase the cost of imports to the United States are tariffs, despite some political political revenge warning Leaders in Canada – the greatest supplier of America’s metals – as well as other countries.

US enterprises, depending on imports, have also increased the concerns, but Trump plans will increase local production, he said.

He warned that the rules set into force on March 4, “Simplify” and said.

“This is the beginning of America’s richness,” Trump “.

“Our nation requires steel and aluminum to be prepared in America, not in America, not in America,” he said.

If the tariffs could increase prices for consumers, the US President replied: “As a result, it will be cheaper.”

“It’s time to return to America of our large industries … This is the first of many,” said other tariffs proposed to pay attention to pharmaceutical and computer chips.

The United States is the world’s largest steel importer, Canada, Brazil and Mexico counts as the first three suppliers.

In Canada, it was more than 50% of the imported aluminum in the United States. If tariffs enter into force, they will have the most important impact on Canada.

On Monday, Canada’s Innovation Minister Francois-Phillippe Champagne said the tariffs are “completely unfounded”.

“Canadian steel and aluminum support the main industry that provides protection, shipbuilding, energy energy energy in the United States,” Champagne said. “This makes North America more competitive and reliable.”

In front of the announcement, it was accused of the Ontario Premier Doug Ford, which is in the house of many Canadian steel production, “Changing our foams and constant chaos, economy risky Chaos” in Trump.

The Lobby group called on the Canadian government for steel producers, “Immediately”, the leading deputy from the Canadian Liberal Party, Kodia Blois, said that his country is looking for ways to reduce trade relations with the United States.

“This is a very strong partnership,” he said completely, “he said.

Meanwhile, the main prices of the United States are waiting for the order on Monday, Monday, the price of clivland rocks jumping about 20%. The prices of steel and aluminum also jumped.

The response in the rest of the market was silent, taking into account the deferral or refusal of Trump’s plans to the rules, asking about how serious Trump plans were asked.

In the first time, Trump, 25% of tariffs announced a 15% tariff in steel and aluminum, but as a result, Caravaca met for many countries, including Australia, Canada and Mexico.

“This is a repetition of 2018,” said Douglas Irwin, Economy in Dartmouth College.

“The biggest question is that it does not want to talk to the transaction tactics or other countries and really wants to help in the steel industry in this way.”

Last week, Trump has ordered 25% import tasks in all Canadian and Mexican products to delay this plan in just 30 days. He also brought new US new money in the United States in all Chinese goods in the United States.

Tariff is an internal tax caught in goods for entering a country proportional to the value of imports.

The prospects of higher tariffs applied to the United States are related to many world leaders, because it will be more expensive to sell goods in the world’s largest economy.

Taxes are the central part of Trump’s economic vision. They see them as a way to enlarge the US economy, protect their work and increase tax revenues.

However, many US producers have concerns about the effects of steel and aluminum, and now the effect of additional costs.

Construction groups from construction teams warned about the hit.

During the first term of Trump, tariffs, despite many privileges, the United States has increased the average price of steel and aluminum by 2.4% and 1.6% in the United States, despite many freedoms in the United States.

Trump said that the training of conservative thinking, practice and aluminum, which is currently based in Washington, which is currently based in Washington in 2016 and is currently an effective way to celebrate the experience.

Although Trump trading was “fatal serious”, he thought the plan was “about getting the rest of the world.”

“Donald Trump has talk tactics on Donald Trump,” he said.

Trump officials said that the latest actions are focused on suspending countries by avoiding the tariffs by preventing low-valuable products through other countries in China and Russia.

The US President said that new standards requiring the “melted and spilling” and the “melted and spilling” of the aluminum in North America.

Nick Nick Iacovella said a spokesperson for a prosperous American representing steel producers and supports tariffs, the Group said the group was most concerned about the increase in steel imports in 2019.

However, he noted that Canada sent more goods to the United States – a trade deficit, which is the main problem for Trump.

“There are still changes in the Canadian and the United States trade relations,” he said.

He added: “I do not think that I think it’s a dimensional, but it’s early, at least I think the president is in the beginning … (Canada and Mexico) are both abuse (Canada and Mexico) and about it We will do something. “