Trump said he will impose duties of 25% on aluminum and steel starting Feb. 10


U.S. President Donald Trump said Monday, February 10, that duties of 25% will be imposed on steel and aluminum imported into the United States.
"Any steel coming into the United States will be subject to a 25 percent duty," the Associated Press (AP) reports him as saying.
Trump also confirmed that he will announce reciprocal duties "probably Tuesday or Wednesday." Such duties will be imposed on products from countries that have previously imposed retaliatory restrictions on U.S. products.
"If they're charging us 130% and we're not charging them anything, that's not going to continue," Trump told reporters.
On Feb. 1, Trump signed an executive order imposing trade tariffs of 25% on goods from Canada, China and Mexico. Then he also promised to impose duties on goods from the EU. With this decision, Trump seeks to reduce the flow of the opioid fentanyl across the border, as well as the flow of migrants.
In response, the State Council of the People's Republic of China on February 4 reported that from February 10, China imposes duties of 15% on coal and liquefied natural gas (LNG) from the United States. In addition, it was noted that tariffs of 10% will be imposed on U.S. oil, multi-cylinder cars, pickup trucks and agricultural machinery.
Reuters reported on February 6 that retaliatory Chinese duties against the United States could lead to a reduction in U.S. oil exports in 2025 for the first time since the COVID-19 pandemic began.
Переведено сервисом «Яндекс Переводчик»