PITTSBURGH, Could 31 (News On Japan) –
U.S. President Donald Trump introduced on Could thirtieth that his administration plans to double the present tariffs on imported metal and aluminum to 50 %. Talking at a plant owned by main American steelmaker U.S. Metal, Trump declared that the present 25 % tariff on metal imports could be raised to 50 % beginning June 4th. The identical price can even apply to aluminum merchandise, with the measure anticipated to have an effect on exporters globally.
Trump framed the transfer as a step to additional strengthen American business and cut back reliance on international metallic provides. He additionally touched on the deliberate acquisition of U.S. Metal by Japan’s Nippon Metal, saying the U.S. agency would stay an American firm. On the identical time, he praised the 14 billion greenback (roughly 2 trillion yen) funding by Nippon Metal as the biggest within the historical past of the American metal sector.
Supply: テレ東BIZ