The aluminum and steel industry of the United States is dead. This was stated by President Donald Trump. As usual, he used Twitter to report the sad news.
"We lose in almost all trade agreements.
For many years our friends and enemies have benefited from the weakness of the United States.
Our steel and aluminum industry is dead, "- wrote Trump.
However, the American president hints that not everything is lost: "Sorry, it's time for a change! Let's make America great again!".
He exclaims.
And, he apologizes, apparently, to the whole world. Since, judging by everything, the bones of the rest should serve as the basis for the great future of the United States. Recall, last Thursday, March 1, Trump announced that he introduced duties on imported steel at a rate of 25% and aluminum at a rate of 10%. And this is a long-term measure, the president-businessman warned.. On the blue eye, he admitted that he was starting a trade war. However, I considered myself completely right:.
say, when a country suffers losses, trade wars are quite appropriate, because they are easy to lead and easy to win in them.
Meanwhile, Russia, Canada and the European Union have already expressed disagreement with US protectionist measures.
Moscow is preparing documents for the court in the WTO, and Brussels intends to introduce retaliatory measures - which exactly, will be announced as early as Wednesday, March 7.
However, there are as yet no details on the new US import duties. In particular, it is not yet known whether they will affect raw materials and semi-finished products - namely Russia delivers the best semi-finished steel products to the US. Document in Washington promised to promulgate this week.