“Today I simplify ours duty About him steel and the aluminum”, He said Monday from the Oval Office of the White House, as he signed the decrees with which he will validate the new import rights.
Trump Aluminum steel tariffs
Donald Trump announced the imposition of steel and aluminum tariffs.
The Republican had advanced on Sunday, in an interview with the press aboard the Air Force One, that would advance with the imposition of tariffs. And this day, during the signing of the executive orders, he clarified: “It is 25%, without exceptions or exemptions.”
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.
“Every steel that enters the United States will have a 25%tariff”he declared in a dialogue with the press aboard the presidential plane, during the trip from Florida to New Orleans to attend the Super Bowl. “Aluminum also” will have tariffs, he clarified.
Donald Trump will announce new reciprocal tariff barriers
In addition, he remarked that they will advance with new import rights to compensate with those countries in which 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.
With the validity of the new tariffs, Canada It will be one of the main affected countries. Although most of the steel used by American companies is produced in the country, the northern neighbor leads the ranking of the imports made by the USA. They follow it Brazil, Mexico, South Korea and Vietnam.
“This is something very important,” said the president by signing the order in the Oval office. “It is the beginning of making the United States be rich again,” he added.
As reported Scope, The new tariff barriers introduced by Trump will raise “more than significant” difficulties for the Argentine metallurgical industry, particularly for companies such as companies such as Aluar and the companies of the Techint group as Tenaris and Ternium, “That they are key actors in the export of these metals”, according to Leonardo Anzalone, Director of Center for Political and Economic Studies (CEPEC).
Source: Ambito