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Washington – President Donald Trump, all steel and aluminum imports, increasing rapid revenge from Europe and Canada to 25%, he protested against 25% of the US allies.
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The use of tariffs for the use of other nations from other peoples from other peoples, it shows a serious change in the destructive trade war and the American approach to the global leadership. He also stabilized the stock exchange and was concerned about the economic crisis.
“The United States goes back to the United States and openly by the US leadership by the US leadership,” Trump said Trump told journalists on Friday. “We will return our wealth and we will return the companies that leave.”
Trump, all freedoms from the 2018 tariffs in 2018, in addition to increasing the tariffs of aluminum by 10%. The February Directive is part of the extensive effort to break and change global trade.
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He, in Canada, Mexico and China, as well as the European Union, Brazil and South Korea to start “mutual” rates.
The EU has announced its own countermeasure on Wednesday. European Commission President Ursula Von Der Leien, the United States is the application of tariffs worth $ 28 billion, “said 26 billion euros, or about $ 28 billion, he said. These measures, which are not only steel and aluminum products, including household appliances and agricultural goods, enter into force on April 1.
The United States Trade Representative Jamieson Greer replied that the EU was punished by the American, instead of determining the energy of steel and aluminum.
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“The EU’s penalty movement completely ignores the US National Security Imperatives – and is really another security, the EU trade and economic policy is another indicator of reality,” he said.
Meeting with the Irish Taoiseach Micheal Martin on Wednesday, Trump, “Of course”, said that the EU’s revenge and “Of course” the Irish United States.
“EU was set to take advantage of the United States,” he said.
Last year, the United States received $ 87 billion in trade imbalance with Ireland. In part, in 2017, US pharmaceutical companies encouraged to celebrate abroad, the Foreign Relations Council said he was a great friend in the Foreign Relations Council due to a large collaborative council created by Brad Setser.
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Canada is locked in a trade war in Canada because the White House comes from the US economy instead of supporting the Fentanyl smuggling and natural resources and factories.
“Today will be a day to fight. This is the second round of the unreasonable tariffs made against Canada,” he said. “Although Canadian steel and aluminum adds to America’s safety, it is national security. On April 2, the more expanding and wider tariffs are in danger. The excuse for these tariffs is changing every day.”
Canada is the largest foreign supplier of steel and aluminum in the United States, in response to US taxes in the United States in response to US taxes on Thursday, $ 29.8 billion ($ 20.7 billion).
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The new tariffs of Canada will be in steel and aluminum products, as well as US computers, sports equipment and water production and water heaters, $ 14.2 billion worth of Canada ($ 9.9 billion). In response to other trump imports of other Trump imports in a month in addition to the United States, 25% from the United States in addition to 25% of the United States, in addition to the United States, in addition to the United States).
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One day at the CEO round table of the CEO, Trump said that the tariffs had previously invested in US factories to US factories. During the last month, the S & P 500 stock index fell by 7.5%, the fears that growth will be more effective in bringing factories back to higher tariff rates.
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“If the higher it is, the more likely, they will be built,” said Trump group. “If the biggest victory has moved to our country and produces jobs. There is a greater victory than these tariffs, but tariffs intend to pay a lot to this country.”
On Tuesday, Trump threatened to lay 50% of the steel and aluminum from Canada, but he chose to remain 25% after the Ontario state, Michigan, Minnesota and New York to stay in addition to 25% to the electricity sold.
Democratic MPs said that Trump’s tariffs are related to national security and drug smuggling, indeed, they said they are about to get income to help pay the cost of income tax.
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“Donald Trump knows that politics can disrupt the economy, but it does it anyway,” said Senate democratic leader Chuck York. “Why do Americans do all these crazy work? A single cause and a single reason is only a tax breaks for billionaires, the northern star of the Republican Party’s targets.
In many ways, the president touches the things that he accepted the first period as incomplete. Trump has significantly increased tariffs, but the income collected by the Federal Government was very small to significantly increase the overall inflationary pressure.
Budget Laboratory by the Budget Laboratory of Yale University, the tax policy center and others offer to be expenses of taxes given to them in the form of higher prices.
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Wednesday, with steel and aluminum tariffs, Trump, wants to eliminate original 2018 import taxes that refuse freedom since 2018.
After agreeing to the demand for the demand of North American trade renewal in Canada and Mexico in 2020, they prevented import taxes in metals. Other US trading partners imported tariffs and imported elastic import quotas. And the first Trump management also allowed US companies to exempt from freedom from tariffs, for example, the internal producers could not find the necessary steel.
Although Trump’s tariffs can help steel and aluminum plants in the United States, the metals were able to increase the prices of producers who used metals as a raw material.
Moreover, economists found, the cost of profit and productive industries of industries, which uses the “low flow” manufacturers, which uses their products.
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In these landing companies, in 2021, due to tariffs, $ 3.5 billion, aluminum manufacturers and steels exceeded $ 2.3 billion, the US International Trade Commission was found in 2023.
Trump sees more tariffs to domestic factories, and the White House has conducted an investigation into the US traces of Volvo, Volkswagen and Honda. However, the perspective of higher prices, less sales and low profits can cause some companies to avoid investing in new facilities.
“If you’re an execution in the board room, you really intend to tell your board, are the time to expand this mounting line?” John Murphy, senior President of the US Chamber of Commerce, said.
The best steel exporter to the United States is growing rapidly in Taiwan and Vietnam for the International Trade Department of Canada, Mexico, Brazil, South Korea and Japan. Import from China with the largest steel producer in the world, consider only for a small part of the United States.
The lion share of US aluminum imports comes from Canada.
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