Trump says he will announce 25% steel and aluminum tariffs Monday

WASHINGTON (APP) – President Donald Trump said he would announce Monday that the United States would impose 25 % of the taxes on all imports of Steel and Aluminum, including Canada and MexicoAs well as other imported duty on the weekend.

After flying from Florida to New Orleans to attend the Super Bowl, “any steel coming to the United States is about to have a 25 percent tariff.” When asked about aluminum, he replied, “Aluminum too” will be subject to commercial fines.

Trump also confirmed that he would announce “mutual prices” – “Maybe Tuesday or Wednesday” – which means that the United States will impose import duty on products in cases where another country duties on US goods Are imposed.

He told reporters, “If they are charging us 130 % and we are not receiving anything from them, it will not be like this.”

Trump’s comments are his latest examples Willing to threatenAnd in some cases to impose, import tax. In the White House over his past four years, when he preferred tax deductions and incompetence, he is coming long ago in his presidency. Trump has repeatedly said that he views import taxes as tools to force issues like immigration, but also as a source of revenue to help eliminate the government’s budget deficit.

Financial market Fell on Friday Then when Trump had earlier said that he would impose mutual rates. Stock prices also declined after a decrease in a measurement of consumer emotions on Friday, to a great extent, as many respondents cited the rising problems. The survey also found that US duties are expecting inflation in the coming months.

Trump did not provide any details about steel and aluminum duties, or bilateral prices on Sunday. Trump had previously threatened a 25 % import tax on all goods from Canada and Mexico, though he They stopped for 30 days Barely a week ago. At the same time, he proceeded to add 10 % duties on imports from China.

Still on Friday, he said he would Deadline Taxes on millions of small packages-from many fast fashion firms such as teamo and Shen-unless customs officials can find ways to impose them. Earlier, small packages were exempted from taxes.

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Air Force One, riding on Associated Press author Darlene Superley, participated in the report.

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