Results 1 to 3 of 3

Thread: Trump Signs the Section 232 Proclamations on Steel and Aluminum Imports

  1. #1

    Trump Signs the Section 232 Proclamations on Steel and Aluminum Imports

    Trump Signs the Section 232 Proclamations on Steel and Aluminum Imports


  2. Remove this section of ads by registering.
  3. #2
    After a week of hints and uncertainty, President Donald Trump said Thursday he would announce tariffs on imported steel and aluminum but with temporary exemptions for Canada and Mexico as he seeks to revise the North American Free Trade Agreement. He suggested Australia and "other countries" might also be spared, a shift that could soften the international blow amid threats of retaliation by trading partners.Trump's tariffs on steel and aluminum imports will take effect in 15 days, with Canada and Mexico indefinitely exempted from the duties, according to people outside the White House who were briefed on the plans Thursday. The people spoke on condition of anonymity ahead of the president's signing of the orders.
    "We're going to be very fair, we're going to be very flexible but we're going to protect the American worker as I said I would do in my campaign," Trump said during a Cabinet meeting.
    The president reiterated that he would levy tariffs of 25 percent on imported steel and 10 percent on aluminum but would "have a right to go up or down depending on the country and I'll have a right to drop out countries or add countries. I just want fairness."
    The president indicated Canada and Mexico's treatment would be connected to the ongoing NAFTA talks, which are expected to resume in early April.
    The people briefed on the plans said all countries affected by the tariffs would be invited to negotiate with the Trump administration to be exempted from the tariffs if they can address the threat their exports pose to U.S. manufacturers. The people said the exclusions for Canada and Mexico could be ended if talks to renegotiate NAFTA stall.

    More at:
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankindÖitís people I canít stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  4. #3
    All week the financial media pundits have been blaming fear over the tariffs for markets dipping (then rising thanks to PPT). Today, the suspense leading up to 3:30 announcement and signing was palpable. Then he signed it and....the markets rose....and closed green.

    It's all so stupid and broken.
    "Let it not be said that we did nothing." - Ron Paul

    The entire internet is the domain of paid shills and bots. If you don't know this by now....

    Israel, under control of the Crown and, ultimately, the Vatican, own the USA. If you don't know this by now....

    Talk to people about liberty. You won't find it on websites, you won't find it in politicians.

    Visiting the Outer Banks of NC?
    Outer Banks NC Fishing Boat Rentals

Similar Threads

  1. US slaps China steel imports with fivefold tax increase
    By timosman in forum Economy & Markets
    Replies: 11
    Last Post: 04-05-2018, 09:50 AM
  2. Stocks Fall as Trump Announces Tariffs on Steel and Aluminum
    By Zippyjuan in forum Economy & Markets
    Replies: 49
    Last Post: 03-06-2018, 06:14 PM
  3. Replies: 0
    Last Post: 11-29-2017, 11:17 PM
  4. Soetoro Signs Executive Order Limiting Firearm Imports?
    By AuH20 in forum U.S. Political News
    Replies: 1
    Last Post: 08-14-2013, 11:43 AM
  5. Replies: 47
    Last Post: 04-25-2013, 01:23 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts