Trump orders tariffs on steel and aluminum, Ohio senators react - Hometownstations.com-WLIO- Lima, OH News Weather Sports

Trump orders tariffs on steel and aluminum, Ohio senators react to the order

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As Trump suggested last week, steel imported into the United States will see a 25% tariff while the aluminum tariff will be 10% as the U.S. continues to renegotiate NAFTA. As Trump suggested last week, steel imported into the United States will see a 25% tariff while the aluminum tariff will be 10% as the U.S. continues to renegotiate NAFTA.
Trump reiterated Thursday (3/8/18) that the tariff would be a flexible one, and all allied nations could see some sort of exemption. Trump reiterated Thursday (3/8/18) that the tariff would be a flexible one, and all allied nations could see some sort of exemption.

The new tariffs on steel and aluminum proposed by President Donald Trump will go into effect on March 23, 2018. 

As Trump suggested last week, steel imported into the United States will see a 25% tariff while the aluminum tariff will be 10% as the U.S. continues to renegotiate NAFTA. Canada and Mexico have been exempted from the order, and Trump has indicated he will be able to tailor or wave the levies on a country-by-county basis. He says that too many countries have taken advantage of the United States for too long.

"They want us to protect and they want us to be a good partner, and then they're delinquent on payments, or they haven't made payments, or they haven't made payments which are fair," says Trump. "So we're looking at all of those things and we're talking about tremendous, massive amounts of money."

But Senator Rob Portman (R-OH) says there are some concerns about making the products more expensive to import.

"My concern is that some people will make the components off shore, say auto parts, if it's more expensive to buy the steel here, make the auto part here," says Portman. "They might just buy the steel overseas, make the auto part overseas, and then ship it to us. We don't want that, so I think there's a balance here and I hope the president today will be able to target it a little more.

Sen. Sherrod Brown applauds action to end steel cheating.

 “For far too long, Chinese cheating has shuttered steel plants across our state and put Ohioans out of work. Today’s action finally sends a clear message to our trading partners that we aren’t going to allow them to cheat Americans out of their jobs and infect global markets. By standing up for steel jobs today, we’re also protecting American jobs up the supply chain from becoming the next victims of Chinese cheating,” said Brown.

Trump reiterated Thursday (3/8/18) that the tariff would be a flexible one, and all allied nations could see some sort of exemption.

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