Trump says there will be no exemptions from steel and aluminum tariffs
President Donald Trump has said he doesn바카라 게임 웹사이트t intend to create exemptions from steel and aluminum tariffs and that additional sectoral, as well as reciprocal tariffs will be imposed on April 2.
Speaking to reporters on board Air Force One Sunday during a flight back to the White House, Trump called April 2 a 바카라 게임 웹사이트liberating day바카라 게임 웹사이트 for the United States.
바카라 게임 웹사이트It바카라 게임 웹사이트s going to be reciprocal 바카라 게임 웹사이트 in other words, whatever they바카라 게임 웹사이트re charging, we바카라 게임 웹사이트re charging,바카라 게임 웹사이트 he said. 바카라 게임 웹사이트Then in addition to that, on autos, on steel, on aluminum, we바카라 게임 웹사이트re going to have some additional tariffs.바카라 게임 웹사이트
He said previous administrations and 바카라 게임 웹사이트foolish presidents바카라 게임 웹사이트 gave away American wealth. He added that 바카라 게임 웹사이트billions of dollars have already come into our country바카라 게임 웹사이트 since he began implementing sweeping tariffs that are part of a plan aimed at correcting perceived trade imbalances and reigniting domestic industry.
Earlier this month, Taiwan Semiconductor Manufacturing Company (TSMC), the world바카라 게임 웹사이트s biggest chipmaker, agreed to invest $100 billion in the U.S. While Trump lauded the deal at a White House event, some people in the island democracy, including a former president, have likened it to a 바카라 게임 웹사이트protection fee바카라 게임 웹사이트 in exchange for continued military and political support.
Last week, Trump바카라 게임 웹사이트s 25% tariffs on all aluminum and steel imported into the U.S. went into effect, and Canada and Europe immediately retaliated. When asked Sunday if he would consider any exemptions on those tariffs, he replied: 바카라 게임 웹사이트I have no intention of it.바카라 게임 웹사이트
But it risks igniting a global trade war and could significantly raise prices for American consumers at a time when the U.S. economy is already on shaky ground.
Wall Street has grown nervous about the damage Trump바카라 게임 웹사이트s policies could inflict on the U.S. economy, with U.S. stocks ending last week in the red and major indexes falling into correction territory.
On Sunday, Trump acknowledged high prices for everyday goods but claimed credit for lowering them from even higher levels, saying: 바카라 게임 웹사이트When I took it over, eggs were through the roof, and now eggs are down 35% over a short period of time.바카라 게임 웹사이트
He also said prices for gas and energy were falling and that prices for groceries and other items would follow.
Prices did fall for wholesale loose eggs in the first week of March, but that바카라 게임 웹사이트s what retailers pay, not consumers. It could mean prices will begin falling in grocery stores, though experts have warned they could soon come back up in April thanks to the Easter and Passover holidays.
