First with fox: Fox News Digital learned that CEO of Nucor Corp., the largest steel producer in the United States, supported President Donald Trump in China, Canada and Mexico.
“Nucor praises the first step conducted by President Trump in his first trade agenda in the United States,” said the president and CEO Nucor Corp. Leon J. Topalian, Friday, obtained by Fox News Digital. I wrote it in a statement. “I look forward to working with President Trump to enforce the trade law and strengthen American production!”
The subject of the letter states “Presidential Order on Canada, Mexico, and the People's Republic of China.”
Nucor is based in North Carolina and is the largest steel producer and scrap metal recycling in Japan.
Trump defends tariffs, and Canada accusates “the United States very abused”: Video
The company's CEO recently participated in the CNBC Jim Cramer, celebrating Trump's charges at the time of “currency operation” and a “subsidy” of steel coming to the United States from overseas.
“I saw a note of tariffs and what they were trying to do last Monday,” said Tepalian on Tuesday. “And I think they will be extensive and repeat, but I think they will stop illegal dumping, operating, currency operation, and steel subsidies coming to the United States.
“We are the biggest steel company in North America. Of course we have seen it a year and a half ago, and we are keeping in investigating whether those assets will return,” he said. 。 “But some of the reasons we did not move forward are evaluated. We are not going to overpay assets.”
Nucor hindered the Chinese attempt to steal the technology
Trump signed a Presidential order to allow Mexico, Canada and China tariffs through a new international emergency economic power law. Customs duties will be enabled on Tuesday and are included 25 % tariff About 10 % of customs duties on imports from Canada and Mexico and imports from China. Energy resources from Canada are 10 % lower tariffs.
President Donald Trump signed an administrative order on February 1, 2025 and approved Mexico, Canada and Chinese tariffs through new international emergency economic power law. (Getty Image)
According to orders, customs duties were created in the light of “extraordinary” threats caused by “illegal aliens and drugs containing fatal Fentanyl”.
Nucor CEO on tariffs: We have been in the trade war for 30 years
“This task threatens the cloth of our society,” said the Presidential Order. “Gang members, smugglers, personal traders, and all kinds of illegal drugs are poured into the community across borders.
“Canada has played a central role in these issues, such as dedicating enough precautions and resources, adjusting the tide of illegal drugs effectively with US law execution partners. “
According to President Donald Trump's presidential decree, tariffs were created in light of the “extraordinary” threats caused by “illegal aliens and drugs containing fatal Fentanyl”. (CHIP SOMODEVILLA/Getty Images)
Foreign leaders opposed tariffs. Mexico's President Claudia Shanbaum said on Saturday, “I will refuse to decisively”.[s] The White House slander against the Mexican government has the intention of having an alliance with a criminal organization and an intervening in our territory. “
Meanwhile, Canadian Prime Minister Justin Trudeau encouraged the residents to “buy Canada” by checking labels at the store to make sure that products are made in the great White North.
Mr. Trump says that Canada will not have tariffs in the 51st state, like the author, like the author.
Trump defended tariffs on Sunday night and talked to a reporter who gathered at the Andrews joint base in Maryland.
CEO of Nucor Corp., the largest steel producer in the United States, has approved President Donald Trump in China, Canada and Mexico. Here is the recycling factory of Seattle nuclear steel. (Getty Image)
“Canada has been abusing the United States for many years. They have not allowed our bank,” Trump said. “And Canada knows that banks are not allowed to enter. If you think about it, it's quite surprising. If there is a US bank, they will allow them to enter. I do not.
“Canada was very strict for energy oil. They are essentially not allowed our agricultural products, they do not allow many things, and we all are one -way. Allow the road.
Click here to get the Fox News app
Former President Joe Biden, including steel and aluminum shipped from Mexico to the United States, imposed tariffs throughout the government, including steel and aluminum made elsewhere.
Andrea Margolis of Fox News Digital has contributed to this report.
