Donald Trump says he will announce tariffs on steel and aluminum star-news.press/wp

President Donald Trump said that he would announce 25% import tax in all steel and aluminum that enters the USA, a move that will have the greatest influence in Canada.

Trump also said that there would be the announcement of the week about reciprocal tariffs in all countries that taxes imported from the United States, but did not specify which peoples will be targeted or if they were targeted or if they were exceptions.

“If we charge us, we charge them,” Trump said.

Scroll means another escalation in Trump’s trading policy, What’s up already caused the retaliation from China.

Canada and Mexico are two of the largest American steel shopping partners, and Canada is the largest supplier of aluminum metal in the United States.

The production of steel in the US is very politicized. Some argue that the country could be able to produce enough high quality steel to supply your army in the case of a national emergency, without relying on imports.

During the first term, Trump placed a 25% rate on the import of steel and 10% on the import of aluminum from Canada, Mexico and the European Union.

But now reached an agreement per year later With Canada and Mexico to interrupt those tariffs, although the EU taxes remained in place until 2021. years.

Speaking at the airports, Trump told Monday that they would announce tariffs on “everyone” for steel and aluminum.

“Any steel entering the United States will have a 25% rate of tariff,” he said.

In response, Doug Ford, Prime Minister of Ontario, accused Trump of “transfer of goals and permanent chaos, putting our economy at risk” in online mail. Canadian steel production is concentrated in Ontario.

The Canadian Political Adviser Catherine Loubier said that she believed that Trump threats were real, but they said it could be a solution because two economies were linked.

“Hundreds of thousands of jobs in the United States are related to steel and aluminum entry from Canada to the American economy,” she said about BBC today.

“I think there is a lot in question and no one wins with these tariffs, that’s for sure.”

Trump comments caused shares in the main southern Korean steel and cars. South Korea is the main exporter of steel for the United States.

Meanwhile, the Australian Prime Minister Anthony Albanese told Parliament to “do his instance” USA to give the US exemption from steel and aluminum tariffs – something they received during Trump’s first term.

Tariffs are the central part of the Trump’s economic vision – he sees them as a way of growth and American economy, job protection and tax revenue collection.

The result swallowed the announcements from your inauguration.

• Earlier this month, Trump threatened to impose import duties of 25% on Canadian and Mexican products
• He later delayed that plan for 30 days – Until the beginning of March – after talking to the leaders of both countries.
• He also brought new US names of 10% to all Chinese goods entering the United States.
• Beijing revelated with his own ripple set that entered into force on Monday.
• They included controls on the import of American coal, oil, gas, agricultural machines, cars of large engines and controls on exports of 25 rare metals needed for electricity and military equipment
• Trump also said that the US will introduce reciprocal tariffs in “Tuesday or Wednesday” in all countries taxing, which will suit the tariff rates charged by each country. “It will be great for everyone, including other countries,” he said.

The Chinese Government Spokesperson Guo Jiakun said, “There is no winner in the trade war or tariff battle. What is the interested interests of the people of both countries.”

He called now to “correct his wrong approach and stop politicization and weapons of economic and trade issues.”

Victor Gao, Chinese Diplomat and Economist, said the Chinese move on the rare export of metal “in direct retaliation against American policies that deny Chinese access to semicondi chips and many other AI development.”

“And this is really by Tit-for-Tat because China wants to have free trade for all these things.”

However, he added that China would not have influenced too much due to the request of the US purchase for cheap Chinese goods.

“(Chinese goods) are very affordable and competitive even with 10% tariff,” he said.

On the trip to New Orleans, Trump also signed a proclamation on the day of 9. February “America’s Bay” to celebrate the renamation of Mexico Bay, because his plane moved into the water.

Mexico claims to now not legalize the name of the bay Since the UN ruled to dictate that the sovereign territory of the individual country stretches only up to 12 nautical miles from the coast.

Trump also asked if he talked to Russian President Vladimir Putin and answered, “I don’t want to talk about it, and if we say, I don’t want to tell you about conversations too soon, but I believe we’re making progress.”

“I would imagine I would meet with a path at the right time … at the appropriate time,” he said.

Trump also reiterated his little proposals to take advantage of Canada and Gaza, saying that Canada would better use it as “51. State” and that “dedicated to buying and owning Gaza.”