Trump announces that the import of steel tariffs will double from June 4, which will go from 25% to 50%

by Andrea
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El Periódico

The president of the United States, Donald Trumphas announced that Duplicate tariff rates taxing steel imports of the North American country from June 4, moving from 25 percent-type in which they are after the entry into force of this measure on March 12—- to 50 percent.

“We are going to impose an increase of 25 percent. We will raise tariffs on steel that enters the United States from 25 percent to 50 percent, which will further reinforce the safety of the American steel industry. Nobody will avoid it,” said the US president in a rally held at the Us Steel steel plant in the state of Pennsylvania.

Shortly after the announcement he added in his social truth account that the measure will be effective as of June 4. “Our steel and aluminum industries are recovering as never before,” he added in the message.

Trump has assured that this measure will benefit the “American steel” and will protect the jobs of workers in the country’s steel industry, about whom he has argued that he has been “taking care” with customs rates.

It has also maintained that the increase in steel imports during the last four years has been a “Incredibly crazy figure”ensuring that the United States obtained “everywhere” steel.

“We do not want the future of the United States to be built with poor quality steel of Shanghai; We want Pittsburgh to be built with the strength and pride. It is Pittsburgh steel, it is American steel, and it will be even more special when billions of dollars are invested in new equipment here, “said the White House tenant.

American steel tariffs were maintained at 25 percent since March and have not been altered since then, nor in the so -called ‘Day of Liberation’, nor after the pause announced shortly thereafter.

The statement comes after Trump’s accusation to China to “violate” the tariff truce which reduced tariffs between the two countries two weeks ago and the threat to the European Union to raise the tariff type to all its exports to 50 percent, whose entry into force is expected for June 1.

Likewise, a court declared to suspend most of the tariffs of the American administration on Wednesday because it considers that President Trump overreach in his duties, a measure that has been effective if he effects a day later after the ruling of an appeals court that raised the blocking to measure this Thursday.

On the other hand, the president has chosen the Us Steel plant in Pittsburgh to make the announcement after giving his support last week to the company’s acquisition operation by the Japanese Japanese Nippon Steel, despite having opposed this purchase on previous occasions.

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