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Donald Trump signs order for metals tariff plan, prompting fears of trade war
Trump pushes forward with plan for 25% tariff on imports of steel and a 10% tariff on aluminum, but says exceptions will be made
Donald Trump pushed forward with plans to impose tariffs on steel and aluminium imports on Thursday, arguing the levies were necessary for national security and to stop the “assault on our country”.
Flanked by steel and aluminium workers and key staff, Trump said he had to act to stop the “decimation of entire communities” and insisted there would be a very fair process as the administration used the next 15 days to negotiate exemptions with allies. Canada and Mexico will be exempted.
“Steel is steel,” said Trump. “Without steel you don’t have a country.”
Trump campaigned on saving US steel and aluminium jobs, which have been lost to cheap foreign imports. But the tariffs threaten to undermine decades of detente in international trade and have split the Republican party – no congressional members of his own party were present for the White House announcement.
Officials from China and Europe have threatened retaliation if Trump goes ahead with his plan.
As Republicans lobby the president to abandon his plan, Trump hasfound some support from his most reliable critics: Democrats.
“President Trump has identified the right opponent – China – much better than both the Obama and Bush administrations did,” Chuck Schumer, the Democratic leader in the Senate, said on Thursday, before Trump’s announcement. “Democrats and Republicans have been blind to this and President Trump isn’t.”
But Schumer urged Trump to tailor his plan so that it targets China and does not affect allies.
“Don’t swing blindly and wildly at our foe, China,” Schumer said. “Establish a well-placed jab at China. Set them back. Let them know we mean business.”
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