To double the rates for steel imports up to 50%

President Donald Trump has announced that the United States will double their current tariff rate for steel imports from 25% to 50%.

Taking a rally in Pittsburgh, Pennsylvania, Trump said this move would help to strengthen the local steel industry and national production, while reducing China’s reading.

Trump also said $ 14 billion will be invested in the production of steel in the area through partnership between American steel and Japanese Nippon Steel. The details of the partnership are still unclear, although Trump says the deal.

The announcement is the latest turnover in Trump’s Rollercoaster approach to the tariffs after re-entry into the office in January.

“There will be no cuts and no outsourcing, and every steel worker in the US will soon receive a well -deserved bonus of $ 5,000,” Trump told a crowd filled with steel workers to applaud.

The president spends much of his remarks, thinking about how he “saves” American steel, the largest steel manufacturer in America, located in Pittsburgh, with 25% of his steel rates, which he applied in 2018 during his first term as president. The increased 50% tariffs, Trump said, will ensure its survival.

“At 50%, they can no longer overcome the fence,” he said.

The announcement comes against the backdrop of a court battle on the legality of some of Trump’s global tariffs that the Court of Appeal has allowed to continue.

His taxes on imports of steel and aluminum were untouched by the trial.

Tariffs shook global trade and markets. They have worsened relations between China and the US, the two largest global economies in the world and began the countries in a trade battle for Titus Za-Ta, which at first glance could continue.

President Trump on Friday accused China of breaking a truce in which they came over the rates this month. China responded with its own accusations of misconduct in the United States.

Washington and Beijing have agreed to temporarily lower Tariffs for Tit-Za-tat after conversations in Geneva.

But Trump said on Friday that China “completely violated his consent with us.” He did not give details, but US sales representative Jamison Greer later said China did not remove barriers that are not tariffs, as agreed under the deal.

Beijing’s response on Friday did not turn directly to the US claims, but called on the US to “end discriminatory restrictions on China.”