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The President of the United States of America - Donald J. Trump - has consistently placed American industry first - and today has announced new "punitive" tariffs on foreign imported aluminum and steel - to give a much-needed bolster to those sectors crucial to the economy.

Under President Trump, every industry in America which has suffered for decades as a result of previous failed Administration's efforts to protect them, have been given the spotlight they deserve in securing the right to compete.

The President tweeted, "Our Steel and Aluminum industries (and many others) have been decimated by decades of unfair trade and bad policy with countries from around the world," he wrote. "We must not let our country, companies, and workers be taken advantage of any longer. We want free, fair and SMART TRADE!"

<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">Our Steel and Aluminum industries (and many others) have been decimated by decades of unfair trade and bad policy with countries from around the world. We must not let our country, companies and workers be taken advantage of any longer. We want free, fair and SMART TRADE!</p>— Donald J. Trump (@realDonaldTrump) <a href="https://twitter.com/realDonaldTrump/status/969183644756660224?ref_src=twsrc%5Etfw">March 1, 2018</a></blockquote>

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With new tariffs on foreign steel and aluminum, it promises to guarantee America-made products from within those industries not only have a fighting chance but can proactively counter the cheapened influx of foreign steel and aluminum which have plagued numerous businesses with slumped sales around the globe.

When America elected President Trump, he promised to once again protect our own companies inside the United States of America, and today's announcement can be seen as another promise delivered.

<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">.<a href="https://twitter.com/realDonaldTrump?ref_src=twsrc%5Etfw">@realDonaldTrump</a> announces punitive tariffs coming next week on foreign aluminum and steel. 10% on aluminum, 25% on steel - no endpoint being announced</p>— John Roberts (@johnrobertsFox) <a href="https://twitter.com/johnrobertsFox/status/969264167831195649?ref_src=twsrc%5Etfw">March 1, 2018</a></blockquote>

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The 10% tariff on foreign aluminum and 25% tariff on foreign steel will promise that those who buy American inside the United States of America not only give exponential gains towards our economy but keep American workers and employers in business.

The market is pushing back against the President's moves, however, fearing that these tariffs will somehow "launch a trade war," in what's seemingly a rebellion against the President's of the United States of America's goal of protecting American workers.

<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/BreakingNews?src=hash&ref_src=twsrc%5Etfw">#BreakingNews</a>: Major averages end down more than 1% after <a href="https://twitter.com/POTUS?ref_src=twsrc%5Etfw">@POTUS</a>' tariff comments. <a href="https://t.co/vPDBzccuU4">pic.twitter.com/vPDBzccuU4</a></p>— FOX Business (@FoxBusiness) <a href="https://twitter.com/FoxBusiness/status/969319653477617664?ref_src=twsrc%5Etfw">March 1, 2018</a></blockquote>

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The President is right, there are foreign companies which sell their steel for a high price at home and then in return dump their steel into America at a low price in an effort to hurt America's industry.

Several GOP Congressman wants to see new laws in place similar to the President's regulatory reform policy which will add legislation to stop those nations from selling their steel at an unfair price in America, but many have critiqued this new tariff announcement from the Administration believing it will backfire against American farmers and agriculture if nations we impose tariffs against do the same in return.

It's crucial the President of the United States of America place value on American workers, but we're unsure as to whether the response from our competitors will result in tariffs imposed against goods from the United States of America in return.

We have to do more to protect America, regardless of the global trade spectrum views the nationalist policies as endangering trade abroad.

The President hopes to also use India as a trade replacement for China, in efforts to bolster any would-be losses from other sectors of industry, and it's time for the American people and Congress to trust the President as he moves forward with these improvisational measures protecting Americans.

Source:

http://dailycaller.com/2018/03/01/trump-aluminum-steel-tariffs/

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