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Trump slaps 25% tariffs on steel, aluminium, raising new trade war fears
Al Jazeera
US president says measures are a response to domestic industry being ‘pummelled by both friend and foe alike’.
United States President Donald Trump has slapped 25 percent tariffs on all steel and aluminium imports in his latest push to reshape an international trading order that he claims is unfairly stacked against US manufacturers and workers.
Signing a series of executive orders to impose the tariffs on Monday, Trump said that US industry has been “pummelled by both friend and foe alike”.
“Our nation requires steel and aluminium to be made in America, not in foreign lands. We need to create in order to protect our country’s future,” Trump said as he signed the orders.
“It’s time for our great industries to come back to America. We want them back to America. This is the first of many.”
Trump said the tariffs, which he had floated on Sunday, would apply to all countries with “no exemptions, no exceptions”.