President Trump said on Sunday that he will announce 25% Prices On all steel and aluminum imports in the United States on Monday.
Mr. Trump, speaking on Air Force One on the way to New Orleans to attend the 2025 Super Bowlsaid he would also announce “reciprocal prices” on Tuesday or Wednesday, which, he said, will come into force immediately. This means that the United States would impose products from importing products in cases where another country has received rights on American products.
“If they invoice us, we invoice them … Each country,” he said, adding: “If they charge us 130% and we do not charge them, that will not remain like this.”
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During his first mandate at the White House, Trump imposed 25% price On steel and 10% on aluminum before granting several taxi tax quotas.
Earlier this month, the president authorized a wave of prices on the three closest American business partners – Mexico, Canada and China. Last week, he agreed with a 30 -day break on threats To impose 25% prices on imports from Mexico and Canada, with another 10% price on Canadian oil, natural gas and electricity.
Mr. Trump, a favored fan of prices, said they are necessary ensure greater cooperation in countries to stop illegal immigration and prevent fentanyl smuggling, But he also undertook to use prices to stimulate national manufacturing and increase the revenues of the federal government.