Donald Trump’s tariff frenzy continues. The president of the United States closed the work week in which his commercial policy has been in the eaves for a judicial judgment redoubling his bet. During his visit to a plant from the company US Steel, Trump announced that he will double up to 50% of the import tariffs.
The president has made that announcement while the president is presents as an “alliance”, but the details of the operation have not transcended. Despite the transaction, Trump told the workers: “Your company will continue to be American.” Republican charges have indicated that Trump but it is not known what powers will grant. Trump said in campaign that
“Today we are here to enter into a transcendental agreement that will ensure that this historic American company remains American,” Trump told workers. Trump said these 50% tariffs on imported steel “will further ensure the steel industry in the United States.”
Trump’s welcome gift to Nippon Steel is that rise in tariffs. “I think this group of people who just made these investments is very happy right now, because that means no one can steal their industry,” Trump said. “It is 25 %, they can overcome that barrier, but at 50 % they can no longer do it,” he said in a new protectionist order.
Trump that entered into force in March, so that the announced measure involves duplicating them. The price of steel products has increased approximately 16% since the presidency assumed, according to the Government Producer Price Index. A rise in tariffs such as that announced by Trump will raise prices more, predictably.
The workers turned to Trump in their speech at the Mon Valley Works -Steel Mon Valley The president visited the facilities, declined to put the mandatory protection helmet and then took the stage, where some of the ttrabajadores accompanied him at times.
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