Donald Trump It was announced by 25 % of the tariffs on foreign steel and aluminum on Monday, which increased its controversial attempt to enhance the US economy by walking on imports from abroad.
Average The President announced that the American duties will be enforced “without exceptions or exemptions”, which has detailed the hopes of the countries that they hope to avoid.
Trump first imposed a highly declining tariff on foreign and aluminum steel during his first presidency. The procedure announced on Monday night ends exemptions for some countries, and increases the rate of fees on aluminum.
Changes cannot come into effect until March 4, according to an official at the White House – raising a possibility Trump administration Brewm deals with governments that seek to re -teach.
The countries, including Australia, were already Make Trump later said that he would give “great consideration” to Australia’s request to obtain an exemption from steel tariffs due to the trade deficit of this country with the United States.
Trump The latest tariff actions were first delayed on Sunday, adding that it will also announce another set of mutual definitions later in the week, which led to warnings of revenge against the commercial partners.
“The tariff of steel and aluminum 2.0 will put an end to foreign dumping, enhance local production and secure our solid and aluminum industries as the spine and column industries for American economic and national security,” Peter Navarro, the best commercial consultant in Trump, told reporters.
“This is not only about trade. It comes to ensuring that America never has to rely on foreign countries for critical industries such as steel and aluminum.”
Trump will also impose a new standard in North America, which requires steel imports “melting and poured” and aluminum to be “son -in -law and dumping” inside the region to reduce US imports of Chinese and Russian minerals that are treated with minimal defrauding.
Trump and his allies, who have repeated and repeatedly believed that the customs tariff can “make America great again” when fighting to restore the White House, believe that the higher steel and aluminum taxes will help the American industrial disturbance.
The US President said he would announce plans to impose a mutual tariff on other countries during the next two days. He signed two ads speaking to correspondents in the Oval Office: one of the outgoing concessions that Joe Biden gave to a tariff and aluminum that was established during his first term, and other other duties on both minerals to 25 %.
The probability of future American definitions on cars has also sparked semiconductor chips and pharmaceutical preparations from the markets worldwide.
In response to a question about the possibility of taking revenge on other countries against the American definitions, Trump said: “There is no objection.”
The Minister of Industry in Canada said that the American definitions are “completely unjustified”, as it supports Canadian steel and aluminum American major industries, including defense, shipbuilding, energy and cars.
“This makes North America more competitive and safely,” Francois Philippe Champagne said in a statement. “We are consulting with our international partners and we are studying the details. Our response will be clear and calibration.”
The European Commission said this He did not see any justification for definitions President Ursula von der Lynn, Vice President JD Vance, said in Paris on Tuesday during the Summit of Artificial Intelligence.
In South Korea, the Ministry of Industry summoned steel makers to discuss how to reduce the impact of definitions.
Before a meeting with Trump on Wednesday, Indian Prime Minister Narendra Modi was preparing to show him to reduce Indian definitions in a group of sectors that could enhance US exports to the country, government officials in Delhi said.
Trump has been described by India as “very great use” in trade, and his major economic advisor Kevin Haysit photographed the country as “very high” in an interview with CNBC.
This last wave of definitions is different from those The White House imposes it in China last weekAnd that struck all the goods that travel from the country to the United States with an additional duty by 10 %. Canada and Mexico also threatened with the same lining definitions, at a rate of 25 % higher, only to I agree to delay for one month Before pulling the trigger.
Trump made ads raising the rate of tariffs on aluminum imports to 25 % of the previous 10 % imposed in 2018 to help the stalled sector. His action restores a 25 % tariff on millions of tons of steel imports and aluminum imports that were entered into the United States exempt from offers under shares, exemptions and thousands of exceptions of products.
The statements were attached to the 2018 national security tariff for 2018 to protect steel and aluminum makers. A White House official said the exemptions had eaten the effectiveness of these measures.
About a quarter of the steel used in the United States is from abroad, with Canada, Brazil and Mexico as the best service provider. South Korea, Japan and Germany are also the main markets.
China, which was struck by a 25 % steel tariff during the first Trump administration to be preserved during the Joe Biden era, is not an important source of steel for the United States. But it is the largest source of steel for the world, as it dominates the global market with products usually cheaper. Then some countries export their steel products, at higher rates, to markets including the United States.
Trump installation with tariffs Economists who are worriedWhoever warned their imposition may hinder his repeated promises to quickly reduce the prices of millions of Americans.
But Trump defended his strategy, claiming that they could collect “trillion” dollars American economy – Even just the threat of import duties can push countries to bend to his will. “The definitions are very strong, economically, and in getting everything you want,” said last week.
Reuters contributed to this story
