Trump expands tariffs on steel and aluminum imports

Source: The Hill | January 24, 2020 | Tal Axelrod

President Trump on Friday signed a proclamation expanding tariffs on steel and aluminum imports from some countries.

The proclamation boosts tariffs on derivative steel products by another 25 percent and increases tariffs on derivative aluminum products by another 10 percent. The increase expands on existing tariffs that had sat at 25 percent on steel and 10 percent on aluminum. 

Trump exempted several countries from the increase: Argentina, Australia, Brazil, Canada, Mexico and South Korea are exempt from the additional tariffs on steel products, and Argentina, Australia, Canada and Mexico are exempt from the added tariffs on aluminum goods.

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  • Consistent #35098

    Consistent #35111

    EVERYDAY #35117

    So the previous tarriffs didn’t work and Trump’s solution is, more tarriffs. Sounds like what the socialist Democrats would do — if a government program doesn’t work, then lets have more government programs.

    I don’t care how many tariffs Trump initiates. They did not and will not bring heavy manufacturing jobs back to America. Those jobs are gone for good. About all these tariffs will do is raise prices and mess up the stock market.

    Consistent #35130

    Consistent #35135

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