US President Donald Trump announced that tariffs for steel imports from the United States will be increased by 50%, which is half the current rate, CNN reports.
“We are going to increase steel tariffs in the United States of America by 25%, from 25%to 50%,” he said during the performance at the Steel -Steel Plant of Pittsburgh, state Pennsylvania.
Trump added that he is considering the introduction of a tariff of 40%, but the industry managers told him that they want to introduce a tariff of 50%.
“For 25%, they can somehow overcome this fence. For 50%, no one will climb over this fence, ”the US President added.
He later wrote that tariffs for steel and aluminum in the amount of 50% will be increased from Wednesday, June 4.
“ For me, it is a great honor to increase duties for steel and aluminum from 25% to 50% from Wednesday, June 4. Our steel and aluminum industry
