Trump Imposes Tariffs on Steel and Aluminum

The United States will impose new tariffs on steel and aluminum as early as next week, President Donald Trump said Thursday, following disagreement among his advisors about whether to crack down on imports.The U.S. will set tariffs of 25 percent for steel and 10 percent for aluminum, the president said. It will apply the tariffs broadly, without targeting specific countries, and not impose quotas.”People have no idea how badly our country has been treated by other countries. By people representing us who didn’t have a clue,” Trump said, arguing that trade trends “destroyed” American steel and aluminum industries.

Source: President Trump says US will institute steel and aluminum tariffs – CNBC

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