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President Donald Trump imposed tariffs on steel and aluminum at a press conference at the White House today, but decided to exempt Canada and Mexico during NAFTA negotiations.
Flanked by aluminum and steel workers, Trump signed two proclamations: a 25% tariff on steel imports and a 10% tariff on aluminum imports. These tariffs go into effect in 15 days.
Mexico - Canada - NAFTA - Negotiations - Leaders
He chose to exempt Mexico and Canada as we continue our NAFTA negotiations with those leaders.
Trump also said he would remain very flexible on tariffs. He noted Australia “as an example of a country whose trade and security relationship with the U.S. may earn an exemption from the punishing tariffs.”
Trump - Right - Raise - Tariffs - Right
Trump declared that he has the right the raise or lower the tariffs as he sees fit while also owning the right to add or remove countries from the tariffs:
“We have to protect and build our steel and aluminum industries,” Trump said during a signing ceremony at the White House.
Disaster - Security - Disaster - Trump - Ships
“This is not merely an economic disaster, but it’s a security disaster,” Trump said. “We want to build our ships, we want to build our planes, we want to build our military equipment with steel, with...
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