“NAFTA, which is under renegotiation right now, has been a bad deal for U.S.A.,” Trump wrote. “Massive relocation of companies & jobs. Tariffs on Steel and Aluminum will only come off if new & fair NAFTA agreement is signed.”
Prime Minister Theresa May has taken the bizarre step of coming out to bat for the EU against U.S. President Donald Trump, after the bloc threatened to trigger a damaging “trade war” by levying tariffs on several iconic American brands.
California expects to suffer from President Donald Trump’s looming tariffs on aluminum (10%) and steel (25%). That’s because the state prefers to import steel from Asia and Latin America rather buying it from U.S. factories.
Navarro decried the “hair on fire” reaction from cable news and the press, calling it the “biggest bunch of horse-puckey that you can imagine.”
Republicans arguing against tariffs are engaging in revisionism. Both Reagan and Bush took actions to cut back on steel imports.
President Trump’s planned steel and aluminum tariffs will combat China’s “deliberate attempt to bankrupt our strategic industries” vital to our national defense, said Curtis Ellis, the senior policy adviser for America First Policies.
The European Union is poised to drag Britain into a damaging trade war with the United States, as Brussels prepares to retaliate against measures designed to protect American metalworkers.
Exact details of new United States aluminum and steel tariffs remain unclear after White House press secretary Sarah Sanders told reporters on Thursday that the percentages and final plan will be released next week.
The trade globalist wing of the White House has failed in its efforts to stop President Trump from following through on his promise to protect American industries and jobs by imposing tariffs on imported foreign products.
Stocks of the biggest U.S. multinational companies were hit the hardest by a sell-off that accelerated after the Trump administration announced new steel and aluminum tariffs.
Just as no trade war erupted when George Bush imposed a 30 percent tariff on steel in 2002, retaliation against the Trump tariffs are unlikely.
President Donald Trump met about a dozen business executives in steel and aluminum, promising to enact tariffs of 25 percent for steel and 10 percent for aluminum in response to cheap foreign imports.
President Donald Trump is preparing to announce steel and aluminum tariffs on Thursday.
Chinese steel dumping into the United States, something that crushes U.S. industry, is taking center stage at the White House and in the national political conversation as President Donald Trump very publicly considers tariffs and quotas on steel and aluminum imports into the United States.
Trump said he was concerned about foreign countries like China dumping cheap steel on the United States, hurting the country’s steel industry.
“[Mexicans] realize they have more to lose than the United States” in the event of a collapse of the North American Free Trade Agreement (NAFTA), said Curtis Ellis, Senior Policy Advisor for America First Policies.
For decades, previous administrations led by both political parties failed to address our trade challenges with adequate resolve. President Donald J. Trump has distinguished himself as a champion for workers with an unshakable commitment to leveling the playing field for American steel.
Curbing dangerous steel imports would reinvigorate Trump’s base and protect the American economy.
President Donald Trump admitted that he wasn’t actually going to build a great new wall on the southern border but repair existing fences and build selective strategic border structures.
President Donald J. Trump campaigned in Wisconsin, Ohio, and Pennsylvania on a campaign to bring jobs home to America. The Trump Administration has been working on a “steel investigation” to study the national security implications of Chinese dumping of steel on the world markets. Right now, President Trump can keep his promise to bring back coal, steel, and energy jobs back to American workers.
WASHINGTON, D.C. — President Donald Trump issued a memorandum on Thursday calling for an investigation into domestic and foreign steel production and, in part, its impact on defense.
President Donald Trump signed an executive memorandum on Thursday ordering the Secretary of Commerce Wilbur Ross to investigate steel imports. But he also previewed action on NAFTA.
A White House official told Breitbart News that it is likely any executive order to emerge prior to the investigation into trade deficits is completed would be narrowly tailored to commodities and metals such as steel and aluminum and wouldn’t include broader manufactured goods such as appliances.
BEIJING (AFP) – Beijing has accused the European Union of “protectionist” behaviour after Brussels imposed anti-dumping duties on Chinese steel products, as it seeks to protect struggling steel makers in Europe. The EU Commission said Friday it would impose taxes of between
China said Sunday it has started imposing anti-dumping tariffs on certain steel imports from the European Union, Japan and South Korea, as Beijing itself comes under fire for similar trade practices
On Monday, the government of India banned the importation of milk products, steel, and some electronic devices from China, citing “quality concerns.”
The usual leftard suspects have been fighting a rearguard action in defence of their excuse that China – not insane green energy policy – was responsible for the death of British steel. But Sanjeev Gupta disagrees. And he should know because he’s
