Article Image

IPFS News Link • Sanctions

Let The Trade Wars Begin: Trump Says He Will Impose Steel, Aluminum Tariffs Next Week

• https://www.zerohedge.com, by Tyler Durden

As expected, Trump said he would impose a 25% tariff on steel imports, and a 10% tariff for aluminum. Meanwhile, here are the initial details as they trickle in:

TRUMP: STEEL, ALUMINUM WORKERS HAVEN'T BEEN REPRESENTED
U.S. STEEL'S BURRITT TELLS TRUMP COS. NEED LEVEL PLAYING FIELD
TRUMP SAYS WILL REBUILD U.S. STEEL AND ALUMINUM INDUSTRIES: RTRS
TRUMP, IN MEETING W/ STEEL COS., PRAISES SOLAR TARIFFS HE DID
TRUMP SAYS U.S. WILL INSTITUTE TARIFFS NEXT WEEK
TRUMP AT STEEL MEETING SAYS NEXT WEEK WILL SIGN SOMETHING
TRUMP SAYS 25% TARIFFS FOR STEEL
TRUMP SAYS 10% TARIFF FOR ALUMINUM
"Some time next week we'll be signing it," Trump said during meeting with steel and aluminum executives at White House. "And you're going to have protection for the first time in a long time"

Before making the announcement, Trump praised his recent tariffs on solar cells and washing machines, and said they were an example of how tariffs can lead to additional U.S. investment in sectors


Home Grown Food