Donald Trump will impose 25% tariffs on the import of steel and aluminum

Donald Trump will impose 25% tariffs on the import of steel and aluminum

Three weeks after assuming, the US president advances with his Commercial policy review plan With the world, with the aim of reducing the country’s payment balance deficit and prioritizing local production.

After pressing Mexico and Canada with new import rights, the Head of State said that as of this Monday he will impose 25% of steel and aluminum tariffs. “Every steel that enters the United States will have a 25%tariff”said Sunday, aboard the Air Force One, In dialogue with journalists.

During the trip from Florida to New Orleans to attend Super Bowl, The correspondents consulted yes the measure would also affect other metals. “Aluminum too,” he said.

Trump also remarked that they will advance with new import rights to compensate with those countries where similar measures or American raw materials are in force. “We will announce reciprocal tariffs, probably on Tuesday or Wednesday,” he said.

“If they charge us 130% and we don’t charge them anything, it won’t continue,” he said Trump in an interview with La Prensa on the presidential plane, broadcast in the previous sporting event that will take place tonight.

Donald Trump paused the new tariffs to Mexico and Canada

At the beginning of the month, Trump had announced the imposition of tariffs on Mexico and Canada. Both measures began to govern on February 1, but days later they were paused.

The Canadian Prime Minister, Justin Trudeau, said that, after efforts with Trump, he managed to I would decide to reverse with this measure, at least for 30 days. Earlier, Claudia Sheinbaum, Mexican president, also communicated had to pause the rates for imports after reaching an agreement.

As explained by the Premier of Canada, From their government they are implementing an important border plan, to which they allocated $ 1.3 billion, to stop the fentanyl flow. Trump had decided to impose import tariffs by arguing that “they produce illegal fentanil and allow it to distribute it” in the United States.

The President Claudia Sheinbaum He made a similar announcement this morning after talking to his American pair. The leaders reached an agreement so that 25% tariffs on Mexican imports are paused. The decision, which in principle will be for a month, occurs after coordinating a plan for drug trafficking and migration.

“We held a good conversation with President Trump with a lot of respect for our relationship and sovereignty; we reached a series of agreements,” Sheinbaum said through his social networks, minutes before speaking in the town’s morning.

Source: Ambito

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