President Donald Trump announced that the United States will double the current tariff rate on steel imports from 25 % to 50 %.
Speaking at a gathering in Pittsburgh, Pennsylvania, Trump said this step will help promote the local steel industry and national production, while reducing dependence on China.
Trump also said that 14 billion dollars will be invested in steel production in the region through a partnership between the United States Steel and Nepon Steel in Japan. The details of the partnership are still unclear, although Trump was promoting the deal he concluded.
This advertisement is the latest turn in Trump’s approach to Trump in definitions since the office was re -entered in January.
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