Donald Trump to announce RAFT from new trade rates including steel

President Donald Trump has said he will announce a 25% tax on the import of all steel and aluminum entering the United States, a move that will have the worst influence in Canada.

Trump also said that there would be a message later during the week of reciprocal tariffs for all countries that US tax contributions, but he did not specify which nations would be directed or whether there would be any exceptions.

“If they charge us, we charge them,” Trump said.

He told reporters about his plans as he was traveling from his Mar-Lago resort in Florida to the Super Bowl in New Orleans on Sunday.

Canada and Mexico are two of the largest steel trading partners in the United States, and Canada is the largest aluminum metal supplier in the United States.

During his first term, Trump has put rates of 25% on steel imports and 10% for the import of aluminum from Canada, Mexico and the European Union.

But the US concluded a deal a year later With Canada and Mexico to end these rates, although EU import taxes remained until 2021.

Speaking aboard Air Force One, Trump said on Monday that he would announce tariffs for “all” for steel and aluminum.

“Every steel that enters the United States will have a 25% tariff,” he said.

In response, Doug Ford, Prime Minister of Ontario, has accused Trump of “shifting goals and constant chaos, putting our economy at risk” in an online publication. The production of steel in Canada is concentrated in Ontario.

Trump’s comments mark another major escalation In Trump’s trade policy, which threatens a trade war with many countries.

Tariffs are a central part of Trump’s economic vision – it views them as a way of expanding the US economy, protecting jobs and increasing tax revenue.

Earlier this month, Trump has threatened to impose import duties of 25% on Canadian and Mexican products but later slow this plan for 30 days – Until the beginning of March – after talking to the leaders of both countries.

It also has scored new US taxes of 10% on all Chinese goods entering the United States – prompts China to avenge its own taxes on the import of some American goods.

Trump also said he would announce more tariffs for Tito-Za-Ta on Tuesday or Wednesday and that they would come into force “almost immediately” after the message.

“Those who benefit from the United States will have a reciprocal (tariffs),” he said. “It will be great for everyone, including other countries.”

During the trip to New Orleans, Trump also signed a proclamation indicating the Persian Gulf day to celebrate his order, the renaming of the Gulf of Mexico while his plane crossed the water of water.

Mexico claims that the United States cannot legally change the name of the Persian Gulf As the UN rules dictate that the sovereign territory of an individual country extends to only 12 nautical miles from the coastline.

Trump was also asked if he had talked to Russian President Vladimir Putin and replied: “I do not want to talk about it and if we talk, I don’t want to tell you about the conversations too early, but I make it believe that we make progress. “

“I would imagine that I would meet Putin at the right time … at the right time,” he said.

Trump also repeated his unlikely suggestions that the United States could take over Canada and Gaza Strip, saying that Canada would do better as a “51st country” and that he was “engaged to buy and own Gaza”.