WASHINGTON – The Trump administration said Thursday that it is imposing tariffs on imported steel and aluminum from the European Union, Canada and Mexico. The move is certain to trigger retaliation by the E.U. against American products including Kentucky bourbon and Harley-Davidson motorcycles. President Donald Trump had announced the tariffs in March, but gave several […]
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Posted inNation / World, sj-web
Donald Trump rolling out big trade tariffs, sparing Mexico, Canada
WASHINGTON (AP) — After a week of hints and uncertainty, President Donald Trump said Thursday he would soon announce tariffs on imported steel and aluminum but with temporary exemptions for Canada and Mexico as he seeks to revise the North American Free Trade Agreement. He suggested Australia and “other countries” might also be spared, a […]
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Proposed tariffs on Canadian steel could backfire on Maine
Maine could be vulnerable if Canada retaliates against President Trump’s surprise tariffs against steel and aluminum imports, and manufacturers here could be placed at a competitive disadvantage from the tariffs themselves, which will raise the prices of those metals. Trump said he will impose 25 percent tariffs on all foreign-made steel and 10 percent on aluminum in […]
Posted inNation / World, sj-web
Donald Trump: 'Trade wars are good, and easy to win'
WASHINGTON (AP) — President Donald Trump on Friday insisted “trade wars are good, and easy to win,” a bold claim that prompted pushback from a Nebraska Republican who quipped “kooky 18th century protectionism will jack up prices on American families.” Trump has declared that the U.S. will impose punishing tariffs on steel and aluminum imports, […]