Trump Announced Steel and Aluminum Tariffs

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Feature Article by Stephen Lendman
Trump Announced Steel and Aluminum Tariffs

by Stephen Lendman (stephenlendman.org – Home – Stephen Lendman)

An earlier article, I asked if Trump intends waging trade war, notably against China.

In late January, his administration announced 30% tariffs on imported solar panels and modules, declining over a four-year period to 15%.

Stiff tariffs on imported washing machines and parts were also imposed – 20% (for the first 1.2 million units, 50% above this total) and 50% respectively for year one, reduced to 16% (40% above 1.2 million units) and 40% respectively by year three.

On Thursday, Trump announced imported tariffs of 25% on steel, 10% on aluminum, aimed at China, the world's largest producer of these commodities.

The announcement came at a time its top economic official Liu He (expected to be named financial and industrial policy vice premier) is in Washington, discussing bilateral trade and economic relations with Treasury Secre
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