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President Donald Trump said he would introduce 25 % of the revenue on the import of all steel and aluminum on Monday, which increases the trade war with commercial partners, including close neighbors from the United States.
Trump made the announcement on Sunday, speaking to reporters at Air Force One, traveling to the Super Bowl 2025 in New Orleans.
He also said that he would announce mutual rates this week soon. Revenue will be proportional to individual countries that will be installed on US goods in individual countries.
He said, “Very simple, if they charge us, we charge them. American Iron & Steel InstituteThis month, Trump’s leaders have planned to impose their efforts to improve border security on Canada and Mexico for 30 days after promising to extend their efforts to improve border security.
Within a few hours of Trump’s Saturday’s order, Canadian Prime Minister Justin Trudeau withdrew his tight -for -tate retaliation with 25 % of revenue on US goods. Mexico President Claudia Shenbam said she was considering tariffs and non -tariff measures in defense of Mexico’s interests.
Trump, who has called himself “tariffman”, said the move was to force countries to cross the borders and to stop the flow of immigrants and phenothenils in US taxes, has been the center of Trump’s economic strategy. , And they have to be tilt and tilt them to increase the revenue. Protecting jobs. He also views them as tools tools to help negotiate with different countries.
Almost all aluminum is imported in the United States, most of which comes from Canada. According to Reuters, at 3.2 million tonnes last year, Canada’s imports were jointly jointly for the next nine countries.
Trump said earlier this month that he wanted the countries to “balance their trade, keep the number one.”
According to the office of the US Trade Representative, there was a trade deficit of US goods with Canada In 2022.1 80.1 billion, An increase of 68 % compared to 2021. Meanwhile, the trade deficit with Mexico stood 1 131.1 billion in 2022, 24 % increase over 2021.
Economists have warned that prices can increase US consumer prices. Trump did not dispute the claim, saying that the US could find some “short -term discomfort” from the emerging trade war.
“But the long -term, the United States has been cut off by the United States, practically every country,” he said, adding that the United States had “almost” almost “trade deficit of every country, and added They are “changing it. “
Savipana Venogopal Ramswamy is a White House representative for the USA today. You can follow it on X @Swapnavenugopal
