Trump announces tariffs on steel, aluminum
WASHINGTON (AP) — President Donald Trump is announcing steep tariffs on imports of steel and aluminum to address what he says is an “assault on our country.”
Trump says a 25 percent tax will apply to steel imports, and 10 percent will be added to aluminum brought into the U.S.
The president says the excess of imported steel and aluminum is a “travesty” and hurts American workers and industry.
In making the long-awaited announcement Thursday, Trump says the U.S. industry has been “ravaged by aggressive foreign trade practices.”
“It’s really an assault on our country,” Trump says.
The president says his decision fulfills a key campaign promise he made.
Trump says American steel and aluminum workers have been betrayed, but “that betrayal is now over.” He says politicians have for years lamented decline in the industries, but nobody has taken action.
The president’s audience includes a number of steelworkers along with administration officials. Trump says the steelworkers are part of the reason he won the presidency.