And so it begins,
as the unqualified, Liar in Chief's policies take effect at midnight.
It's called a trade war, and EVERY qualified economist agrees trade wars hurt EVERYONE.
Thanks again, Dotard.....
It's called a trade war, and EVERY qualified economist agrees trade wars hurt EVERYONE.
Thanks again, Dotard.....
President Trump is imposing steep tariffs on steel and aluminum from three of America's biggest trading partners — Canada, Mexico and the European Union.
The trade penalties, 25% on imported steel and 10% on imported aluminum, take effect at midnight, Commerce Secretary Wilbur Ross told reporters Thursday.
Mexico and the EU immediately announced plans to retaliate with their own tariffs against American products.
Trump's decision will raise prices for Americans on a range of everyday products. It could also place the United States in a trade dispute on more than one front. The administration is separately moving ahead with tariffs on Chinese goods.
"Today is a bad day for world trade," EU trade commissioner Cecilia Malmström said in a statement. "We did everything to avoid this outcome."
Trump's decision will raise prices for Americans on a range of everyday products. It could also place the United States in a trade dispute on more than one front. The administration is separately moving ahead with tariffs on Chinese goods.
"Today is a bad day for world trade," EU trade commissioner Cecilia Malmström said in a statement. "We did everything to avoid this outcome."
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