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President Trump’s sweeping tariffs in the foreign steel and aluminum came into force on Wednesday, American trade spots, including global rivals, including close allies from their approaches.
Mr. Trump’s metals 25 percent of the tariffs hit the import of any country in the world. Move from many local steel and aluminum manufacturers supportAmerica is expected to increase costs to slow down the economy of costs for car manufacturers, tin boxes, solar panels and other products.
The protest on metals was the latest attempt to use Mr. Trump’s tariffs and the power of the American market against foreign governments. Last week she Dick tariffs provided Imports in Canada, Mexico and China, these countries accuse the drug and migrants to enter the United States, quickly returns some of them. The President threatens to tease other tariffs, including foreign cars and countries He said he had discriminated Against the US.
His approach was met with a market And because they tried to decipply what the president wants, many US allies sent to a defense regime. Tuesday, Mr Trump doubled threatened After Ontario, the tariffs in Canadian metal, in addition to the United States, answered the previous tariffs of Mr. Trump. During the hours, Ontario stopped the additional payment and received Mr. Trump threats.
Metal tariffs and other collections in the future are likely to worsen trade disputes again. Foreign governments, including in Canada and Europe, most likely frustrated us. Metal tariffs affect US allies: Canada’s largest supplier of both steel and aluminum to the United States. Brazil, Mexico, South Korea and Vietnam are the best suppliers of steel, and the United Arab Emirates, Russia and China are the highest suppliers of American aluminum.
Tariffs restore and expand similar measures in 2018, which are located in 2018, which is a few years of commercial war in Mr. Trump. Mr. Trump claimed that the tariffs should be protected by the national security and provide a reliable source of metal for the war.
In the intervention years, both Mr. Trump and former President Yusif R. Biden Jr., foreign countries, including Brazil, Mexico, Canada and peoples, including the tariffs in Europe, and tariffs. The US metal industry complained that the measures are not stronger for steel mill and aluminum bitches.
President of the American Institute of Iron and Steel Kevin Dempsey, an industrial group said that the tariffs are “very impressive, compared to a previous trade action targeting a particular country or special product.
“Things would be worse for the industry without these tariffs,” Mr. Dempsey said.
However, steel and aluminum are used to make so many other products, increasing the price of metal, there will be ripple effects along the US economy. More Americans can damage the manufacturers who have more Americans to support us to support us more to support us, by increasing the main entry costs for many companies.
Economic analysis Bipartisan, published by the US International Trade Commission, which is independent, claimed that the US economy’s expenditures made a profit from Mr. Trump’s first tranquility.
Aluminum alumini of metal tariffs received by metal tariffs in 2018 more than US sources, causing higher prices for metals, and the US steel production was 2,421 percent and read about 2.421 percent.
However, the analysis, as well as companies, which are manufactured by tariffs, tools, tools and industrial machinery, increase production costs and increase production costs to about $ 3.48 billion in 2021. Steel and aluminum industries have produced more than $ 2.25 billion in metals in the same year.
To relieve these harmful results, Trump management has expanded steel and aluminum tariffs this time or “derivative products” or “derivative products”, for example Tractor parts, metal furniture and hinges.
Peterson said he was a “secret confession”, a sample organization, a research organization, a research organization, a research organization, Mr. Trump’s previous tariffs.
He said that the tariffs said more industries want to protect the government and said they would be difficult to stop.
“Where does it end?” Mr. Bown asked.
The perspective of higher expenses, as well as the other US industry such as cars, promoted lobby to the lobby for tariffs to protect their foreign rivals enterprises. Mr. Trump said he planned to take tariffs to foreign cars on April 2.
Metal tariffs for automatic cars are threatening the removal of costs when new cars and truck prices are already reached the record. According to the Edmunds, the market research team, in January, the average price of a new vehicle was more than $ 48,000.
“Among the price and interest rates is a favorable concern for car buyers,” he said.
CAN Producers’ Institute, food, soda, beer and paint, the company manufacturers, trade group, tariffs will result in higher packaging costs, the event will result in higher packaging costs, he said.
Food packers rely on imported metals more and simply pay more money for them, Mr. box. According to the figures of the institute, after applying Mr. Trump’s first tariffs since 2024, the cost of a steel since 2024 increased by 53 percent to 53 percent.
“It just makes the price higher,” said Mr Budway.
The measures are also likely to comply with revenge from abroad, US exporters.
Canadian officials said they planned to take revenge, 25 percent of the tariff that this month, Mr. Trump’in, in response to $ 30 billion in response, he said.
“The Canadian government was clear from the beginning in this matter,” he said. “United States” metals or other fees must progress with tariffs, “We will be ready to respond firmly and proportional to Tuesday.”
The European Union is preparing to hit against the tariffs they call “Economically opposite”
For the European Union, the Commissioner for Trade Commissioner Maros Sefjovic said he went to the United States during a news on Monday, “he is looking for a constructive dialogue.”
“In the end, as he said, he can’t collect a hand,” he said. “US leadership does not look attractive to agree.”
EU already has tariffs – including 25 percent of collection The American whiskey was set to start in late March. A trade-oriented group in the EU system spent most of last year Despite preparing for various situations, despite its secret to its tariff lists, according to three diplomats who speak in anonymity to discuss an unsocial issue.
However, the European officials decided to respond to the threat of tariffs and European officials also fought to buy American counterparts on the phone.
President of the European Commission Ursula Von Der Leyen did not speak individually with Mr Trump since the inauguration. He asked if this could do this during a press conference on Sunday, “It will be our personal meeting when the time is right.”
Neal e. Boudette Contributing report.