President Trump signed a declaration on Monday to strengthen all steel and aluminum imports to the United States, cracking down on China and Russia's attempts to avoid penalties.
Trump in 2018announcement25% tariff on steel, 10% tariff on aluminum imports. The action on Monday would increase tariffs on aluminum to 25%, including provisions aimed at “reviving all power” on steel tariffs, White House officials said.
The declaration includes what White House officials called the “melting and pouring” standard for North American steel, as well as the “smelt and casting” standard for North American aluminum, officials said. These standards aim to prevent countries such as Russia and China from sending steel to Mexico and Canada, and to librave it and ship it to the US to avoid facing tariffs That's what I mean.
Trump has also directed the US Customs and Border Patrol to “dramatically increase surveillance” to prevent tariff evasion, White House officials said.
“President Trump is standing up for American steel and aluminum workers, as other leaders don't have. Steel and aluminum tariffs 2.0 will put an end to foreign dumping and boost domestic production. and protects the steel and aluminum industry as the backbone and pillar industries of America's economic and national security.”
Canada, Brazil, Mexico, South Korea and Germany are the top exporters of steel to the US, while Canada, United Arab Emirates, Russia and China are the main exporters of aluminum to the US
The announcement comes as Trump threatened to use tariffs freely on imports, potentially causing a widespread trade war.
Trump initially announced a 25% tariff on imports from Canada and Mexico, but agreed to delay them after both countries announced additional measures to secure a border with the US last week. did.
He also imposed a 10% tariff on all imports from China and urged China to announce retaliatory tariffs targeting liquefied natural gas, coal, agricultural machinery and other products from the United States.
And Trump teased that he would impose mutual tariffs on other countries in line with the tariffs imposed on US exports.
The Biden administration has sought to target China's exports through tariffs on steel and aluminum. Last July, the former administration announced tariffs on the imports of steel and aluminum from Mexico, which are the conduits of many products of Chinese origin.
