US President Donald Trump announced an increase in the duties of imports and aluminum imports.
From now on, tariffs for steel imports and aluminum in the United States increased from 25% to 50%. This is twice as much as the current speed. Initially, the duty of 40%was considered, but the industry leaders called for more strict measures. Trump said this during a performance at the Stolitein Plant of the United States near Pittsburgh, CNN reports.
We will raise duties from 25% to 50% – no one can overcome this barrier, ”the American leader emphasized.
Subsequently, the president, in truth, socialized that new duties will enter into force on Wednesday, June 4.
It is a great honor for me to raise the duties of steel and aluminum from 25% to 50%, starting from Wednesday, June 4. Our steel and aluminum industry is revived as ever before. This will be another excellent impulse for excellent news for our wonderful personnel from steel and aluminum industry. Let’s make America again! – The message says.
Recall that on April 2, US President Donald Trump decided to impose duties on goods from around the world. For a number of countries, including Ukraine, a tariff was introduced at the level of the base 10%.
However, on April 9, Trump paused for customs tariffs for a number of countries except China. And on May 12, the United States and China agreed with a 90-day truce.
Source: Racurs
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.