Trump announced that the steel tariff increased by 25% in Pittsburgh speech

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President Donald Trump Friday, 25% of the steel, about 50% of the double tariffs.

“We will apply a 25% increase. We will bring it from 25% to 50%. Tariffs In the United States, Trump told us on Friday, told us in Pittsburgh, who said, “Trump” in Steel “Trump” to the United States.

“No one is going to walk around it. So we move it from 25%. We increase it up to 50%.”

He said: “25%, they can come out of this fence. More than 50%, they cannot pass over the fence. So you congratulate everyone and to do something big.

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US policy-industry-trade-steel

President Donald Trump said that the steel will increase by 25% to 50% on Friday. (Goal Loeb / AFP via Getty Images / Getty Images)

Trump, he said he thought about 40% in first.

“I said:” Would you like 40% or 50%? “They said,” We will take 50 “I said, ‘You will say that.’ So, congratulations.

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“The people here understand the tariff and you understand better than people Wall Street. But now it is to find people in Wall Street. “Woe, you know, Trump was right,” they say. “

President Trump holds a rally in US steel near Pittsburgh

President Donald Trump speaks supporters during the rally in the US steel-Irvin’s works. (Jeff Swensen / Getty Images / Getty Images)

Trump, some Wall Street were criticized, interested tariffs can cause inflation, supply chain and decline.

Trump, Pennsylvania explained an agreement between US steel and Nippon steels of Japan.

The President said that the company’s headquarters will remain in Pittsburgh with investment of $ 14 billion from $ 14 billion in 14 months, and employees will not be done.

Trump Touring Steel Factory

Trump Tours US Steel – Irvin, West Mifflin, PA, Friday. (Goal Loeb / AFP via Getty Images / Getty Images)

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Trump on Sunday Trump, Journalists “Investment, partial property, but it will be managed by the United States.”

After the announcement of the tariff increase, Trump, on June 4, he said to be effective on truth.

“Celik and aluminum tariffs are 25% to 50%, June 4, June 4, as a great honor,” he said. “Our steel and aluminum industries come back before it’s never happened. This will be another big bounce for our beautiful steel and aluminum employees. Excellent America!”

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