“Any steel coming into the United States is going to have a 25% tariff,” he told reporters on Sunday.
said he will announce on Monday that the United States will impose 25% tariffs on all steel and aluminum imports, including from“Any steel coming into the United States is going to have a 25% tariff,” he told reporters Sunday on Air Force One as he flew from Florida to New Orleans to attend the Super Bowl. When asked about aluminum, he responded, “aluminum, too” will be subject to the trade penalties.
“If they are charging us 130% and we’re charging them nothing, it’s not going to stay that way,” he told reporters., and in some cases to impose, import taxes. Tariffs are coming much earlier in his presidency than during his previous four years in the White House, when he prioritized tax cuts and deregulation. Trump has alternately said he sees import taxes as tools to force concessions on issues such as immigration, but also as a source of revenue to help close the government’s budget deficit.
Trump on Sunday did not offer any details about the steel and aluminum duties, or the reciprocal tariffs. Trump previously threatened 25% import taxes on all goods from Canada and Mexico, though heThe next four years will change America forever. But HuffPost won't back down when it comes to providing free and impartial journalism.You've supported HuffPost before, and we'll be honest — we could use your help again.
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