قالب وردپرس درنا توس
Home / World / Trump will impose aluminum tariffs on Canada

Trump will impose aluminum tariffs on Canada



President TrumpThe Donald John Trump Lincoln Project ad called Jared Kushner the “failed secretary” Penny: Chief Justice Roberts has been disappointed with conservatives because Twitter banned the Trump campaign until it was removed with Tweets with COVID-19 misinformation. He said on Thursday that he had reimposed aluminum tariffs on Canada, which reignited a dispute that was eliminated before the US-Mexico-Canada trade agreement that took effect in July was finalized.

Trump said in a speech at the Whirlpool plant in Ohio that he had signed a statement earlier in the day that the tariffs were reimposed at the previous 1

0% rate.

Trump said: “Canada used our advantage as usual, I signed it, and imposed it-because Canada is phasing out the aluminum business. This is very unfair.”

He added: “A few months ago, my government agreed to abolish these tariffs in exchange for the Canadian government’s promise that its aluminum industry would not export large amounts of products to our country and kill all our aluminum jobs. They did it.”

The Trump administration agreed to remove tariffs in May 2019, paving the way for an agreement on a North American trade agreement.

The tariffs canceled Trump’s earlier trade policy, which triggered a series of trade wars, which economists said was harmful to the US economy. Trump tried to use tariffs as a means of trade negotiations with varying degrees of success.

The agreements reached with Mexico and Canada fulfilled Trump’s campaign promise to replace the North American Free Trade Agreement. Before its implementation last month, it was reported that Trump was reconsidering tariffs but was discouraged due to timing.

The trade organization representing the breadth of the auto industry, “Driving American Jobs,” criticized the decision to reimpose tariffs.

The organization said in a written statement: “In view of the threat of tariffs in the auto industry, the Trump administration decided to re-impose aluminum tariffs on Canada (a close trading partner and military ally), which troubles Steve Jobs in the United States.”

Autos Driving America, which represents the U.S.’s international automotive business, said the move would not help the auto industry to recover.

The organization wrote: “We urge that these tariffs be reconsidered immediately so that the industry can continue to increase production, make the major adjustments required by the U.S.-Mexico Canada Agreement, and continue to provide American consumers with cars at competitive prices. “

Both groups paid tribute to Trump’s use of Article 232 of the trade law, which gave him the right to impose tariffs on national security grounds. They said that it is inappropriate to use national security to formulate trade policy, and some Republicans in Congress have accepted this position.




Source link