DAILY WIRE
President Donald Trump said on Sunday that he would place a 25% tariff on foreign steel and aluminum imports into the United States starting Monday.
“Any steel coming into the United States is going to have a 25 percent tariff. Aluminum, too,” Trump stated, according to The New York Times, which noted, “The reciprocal tariffs the president has proposed would raise the levies the United States charges on certain imports to match what other countries charge on American products when those goods come across their borders.”
“Very simply, if they charge us, we charge them,” Trump said.
According to Tradeimex, the top nations exporting steel to the U.S. are Canada: 6.39 million metric tons, Brazil: 3.49 million metric tons, and Mexico: 2.85 million metric tons. The top exporters of aluminum are Canada, with 39% of the total, China, with 9.69% of the total, and Mexico, with 6.91% of the total.
Trump’s penchant for imposing tariffs as a form of economic leverage has been…
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