The American president has promised to introduce 25% of the duties for all iron and aluminum entering the United States.
The United States will announce the introduction of 25% of duties for all iron and aluminum imports on Monday, February 10. It is said by American President Donald Trump aboard Air Force One aircraft, CNN report.
“We will announce tariffs for steel.
According to him, he will hold a press conference on Tuesday or Wednesday, where he will announce each other’s large tariffs that should be compared to other countries in American merchandise in terms of dollars.
“It’s very simple: if they charge a fee from us, we’re Levy from them,” Trump added.
He also spoke in connection with the Japanese company Nippon Steel, which invests in American Metallurgical Giant US Steel. He said the United States would not allow the Japanese enterprise to receive a control package of shares.
According to statistics of government structures and the American Institute of Cast Iron and Steel, major exporters have become Canada, Brazil, Mexico, South Korea and Vietnam.
Canada remains the main supplier of aluminum – 79% of the import of this metal in the first 11 months of 2024 collapsed in this country.
Remember, on February 2, Trump signed commands to introduce duties to imports from Canada, Mexico and China. For imports from Mexico and Canada, the role will be 25%, and for goods from China – 10%.
Thereafter, China announced a “deep frustration” because of the United States’s decision and announced his desire to file a complaint with the World Trade Organization.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.