WASHINGTON, D.C. — President Donald exercised his authority under Section 232 of U.S. law, which gives the president the ability to issue tariffs based on national security concerns — to implement steel and aluminum traiffs.
On Thursday, Trump followed through on his campaign promise, signing two proclamations that implement those tariffs on imported steel and aluminum in the White House’s Roosevelt Room, surrounded by workers who this will hopefully benefit as part of his “Make America Great Again Campaign.”
The move will place a 25 percent levy on steel and 10 percent charge on aluminum. The administration official said the pivotal role the steel and aluminum industries play in defense munitions and economic security will easily justify the 232 citation.
“A strong steel and aluminum industry are vital to our national security,” Trump said. “You don’t have steel, you don’t have a country.”
Commerce Secretary Wilbur Ross announced this morning that the U.S. will move forward in implementing tariffs against the E.U., Canada and Mexico.
Ross said that Argentina, Australia and Brazil will continue to be exempt from the tariffs though there have been “limitations” implemented “on the volume [of steel and aluminum] they can ship to the U.S.”
In addition to the exceptions for the two NAFTA partners, the White House will give other nations the opportunity to justify why they shouldn’t be included. Trump stated that a deal with NAFTA should be reached soon.
— U.S. Commerce Dept. (@CommerceGov) 31 maj 2018