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posted by martyb on Friday March 02 2018, @10:29PM   Printer-friendly
from the so-now-our-cars-and-buildings-will-all-cost-more dept.

US steel and aluminium imports face big tariffs, Trump says

President Donald Trump has said he will sign off on steep tariffs on steel and aluminium imports next week, hitting producers like Canada and China.

Flanked by US metals executives at the White House, he said a 25% tariff would be slapped on steel products, and a 10% tariff would be imposed on aluminium.

Mr Trump tweeted that the US was suffering from "unfair trade".

The US imports four times more steel than it exports, and is reliant on steel from more than 100 nations.

Related: U.S. Quintuples Taxes on Chinese Cold-Rolled Flat Steel
China to Cut Steel and Coal Production
Trump Administration Finalizes 300% Import Tariff on Bombardier Jets From Canada
US Government Puts Tariffs on Imported Solar Cells, Solar Modules, and Washing Machines


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  • (Score: 1) by angelosphere on Saturday March 03 2018, @08:25PM

    by angelosphere (5088) on Saturday March 03 2018, @08:25PM (#647253)

    You are an idiot.
    Where did China get its steel manufacturing plants from?
    They bought old plants from all over the world. Especially Germany, and I'm sure many from the US, too.
    You problems are all home made: it is YOU who don't want to pay a wage a man, a family can live from
    It is you, who sold your steel plant to China and now you are wondering about the boomerang coming back?
    How retarded are you? Of you had kept your plants and would for fuck sake change your society away from 'the cheapest is the best' you would not feel the need to elect people like Trump.
    What is he going to do anyway?

    The world has changed ... since 50 years or more ... you can only bully around countries like Cuba and Venezuela, instead just leaving them in peace and let it up to their own responsibility how they evolve.

    If there are tariffs on european products in the US, the only US products I will buy in future are Macs ...