We doubled the steel import tariffs with 50%

President Donald Trump announced that from Wednesday that the US will double the current tariff on steel and aluminum imports from 25%to 50%.

At a rally in Pittsburgh, Pennsylvania, Trump said that the action would help to increase the local steel industry and the national supply and to reduce the dependence on China.

Trump also said that the US steel and Japan’s Nippon Steel’s partnership will be invested in the production of $ 14 billion in steel production in this region.

This announcement is a recent turner coaster approach after re -entry office in January.

Trump said, “There will be no dismissal and outsourcing for crowds full of steel workers.

One of the main concerns of steel workers on the US-Japan trade trading was a way for Japan to respect workers’ union contracts regulating wages and employment.

Trump “stored” the US Steel, the largest steel manufacturer in the Pittsburgh, and began speaking with 25%of steel tariffs, which was carried out during his first term in 2018.

He has increased to 50%as a way to guarantee the survival of US steel.

“50%, they can’t overcome the fences anymore,” he said. “We will once again put Pennsylvania steel into the backbone of the United States.”

In recent years, the US steel manufacturing industry has been decreasing, and China, India and Japan have escaped as the world’s best producers. About one quarter of all steel used in the United States was imported, and the dependence of the state on Mexico and Canadian steel was angry with Trump.

This announcement comes from a court battle on the legitimacy of some of Trump’s world tariffs. The Court of Appeals was able to continue after the International Trade Court ordered the administration to stop taxes.

His tariffs on steel and aluminum were not touched by lawsuits.

Jojo Burgess, a member of the local United Steel Works union, is a good day for steel workers.

Pennsylvania, the main market of Washington, Pennsylvania, expressed an optimism about the reported details on the partnership with Nippon Steel, and hoped to help to raise new generation of steel workers in the area.

He recalled that he could make a lot of money for several years after Trump enacted the steel tariff at his first term.

Virges has not classified himself as a Trump supporter, but has only voted for the president’s Democratic candidate for the past 20 years.

But so far, Trump’s tariffs have led to the global economic turmoil. The world trade and the market were reversed, and cracks were formed or widened in the relationship between the United States and other countries, including the closest partners.

The imposition worsened the relationship between China and the United States, the world’s largest economy, and began with the battle of Tart War.

On Friday, President Trump accused China that China had violated the ceasefire that had reached tariffs on the talks in Geneva early this month.

Jamieson Greer, the US trade representative, said that China did not remove the non -relationship barriers as agreed with the transaction.

Then China retired as a complaint about the fault of the United States. Friday’s response to Beijing did not directly deal with the US claim, but the United States urged that “it urged to stop discrimination against China.”

According to the statistics of the World Steel Association in 2022, China is in charge of more than half of the world’s largest steel production.

Trump said at the Pittsburgh rally on Friday, “If there is no steel, there is no country without a country. You can’t create an army. What will we do?

Trump’s approximate rally speeches have been involved with Japan’s Nippon Steel, but they did not provide new details. Both companies have not confirmed that the transaction has been completed yet.

Trump said he would block foreign acquisitions of 124 -year -old US steel companies, a 124 -year -old US steel company. It is not clear how the reported partnership will be operated and who owns the company.

A White House official said Trump has persuaded Japan to increase investments in the United States and give government key to the US plant.

According to the US media, Japan plans to invest $ 14 billion over 14 months.

Other reported details say that companies maintain ownership of US steel in the United States and that American citizens are in the board of directors and leadership. He promised not to cut production for 10 years. After that, the government agreed to grant the government with the right to refuse potential production.