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- เผยแพร่เมื่อ 10 ก.พ. 2025
- US President Donald Trump says he plans to introduce 25 percent tariffs on all steel and aluminium entering the United States.
His comments to reporters on board Air Force One on Sunday mark the latest escalation in his trade policy, which has already brought retaliatory tariffs from China. Mr Trump imposed a similar steel and aluminium tax during his first term.
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#Trump #Tariffs #Steel
It's like watching the downfall of the US, Live in real time.
You know how many countries will also be taken down.
We are trying to be a manufacturer again, why is that so terrible ? We need to be self sufficient and not depend on china for things. That is the point of tariffs in steel, we used to be a powerhouse with steel. Japan just invested 100 billion to get things started up
@@TKX18 He is fooling you. highly developed regions like the USA and West Europe can never again be manufacturing economies. Why? Because wages are simply too high and residents expect a high standard of living. The final product would cost too much. The USA needs to educate parts of their population to get them into the service business instead. But that doesn’t get votes!
@@Jg32234 Weird how it worked for Germany before WW2.
@@Scott6794We are not living in the same type of world than before WW 2.
Make Recession Great Again!!!
🤣🤣🤣In near tears
It's coming. Unemployment will go up half of a percent by August or September We could be on the cusp of 5% unemployment by the end of the year.
Trump want to reduce importation and start boosting exportation, this will hurt more other countries than the US lol
@@fr2ncm9 we're already at 4 percent unemployment doubled
It's like a cancer treatment. ❤
The us out here making more enemies while china out here making more friends. Art of the deal folks 😂
lol what a naive thing to say. China bans almost every product from entering their market that competes with local producers.
Nonsense
we'll be fine😂
@@vidam9067 Ever heard of "Enemy of my enemy is my friend"? No you haven't, it was rhetorical, we're a little dumb aren't we. American feature
Yeah, China makes more friends by taking your job with low labor cost. Good luck!
The American people, that's who it hurts .... No one wins in trade wars. no one
Your country puts tariffs on imports as well
@Deuter666 i am a American........
Yes there are, the investors that are close friends as well as the agent orange😡 If they know what market will he hit, then they all can buy and sell on time like crazy and gain a lot of money.
@@pixie_sparkle74dueter is a paid troll, ignore it.
Then why does the EU have tarrifs on the US?
I don’t know about steel but I do know some things about aluminum. Aluminum metal just doesn’t exist in the ground, it comes from the processing of bauxite. The US doesn’t mine bauxite in this country, it gets it from Canada and Australia…..so 25% tariff on aluminum? Canada and Australia can definitely show the US what a mistake that is!
Are you for real? Canada and Australia are just UN's lapdogs. They do as they are told and never dare to bite back no matter what US does to it.
Australia sells iron ore to the US too. And our largest steel and aluminium company has half of its production in the US.
I own a trucking company and we picked up aluminum billets from the port of new Orleans it came from Russia.
It's fine he'll get Aluminium are a good rate from the 3rd largest producer Russia. Ukraine loses for cheap cheap coke cans
@@mrtee3477. How? I thought trade with Russia was sanctioned!
Since the price of eggs skyrocketed, I restored to eating steel wire to get my source of iron. Curse you president Trump, another one of my plans foiled again.
You need to cook it in the broiler till it's crispy. It's a lot easier to eat when it's crispy. Just slap some barbeque sauce on it, and you'll swear you were eating chicken wings.
He wants you to eat crow .
Do you prefer fried or baked steel?
How much are eggs in the US?
@@nhatho1723 There is no eggs on the shelf right now, They are gone in less than an hour
So much for lowering Prices for Americans
You are slow, this is a point of negotiation
Europe and China won’t negotiate haha, it will be just like last time only worse for both parties. The thing is, Europe already shifts towards Eurasia, so I would not push them. I am German with US citizenship earning shitload of money. I could not care less how this affects the biggest chunk of your society. It is just my observation.
@@Deuter666sure it is...lol
@@Deuter666 the US does not manufacture their own aluminum, nor can they as they don't have the minerals to do so.
You hold none of the cards, have a need and have no bargaining chips. So what is the plan champ?
@@Deuter666 Yes, mien daddy is negotiating with our real enemy Canada.
I don’t think the average voter understand WHO is paying those tariffs
It's a tax, but MAGA people are irrational
Consume less, eat less. 🇺🇸 let’s go!
A lot of Americans know this. But telling the other half that believes in orange Jesus is another thing.
@@mwilliams82684go go go USA 😂😂😂😂 you might even start EU economy to start thinking on their own markets and investments 👍😂😂😂
The United States just attacked the rest of the World with their worse version of Agent Orange...
Americans didn’t do it, oligarchs & technocrats did. The mass of Americans did not vote for him. Don’t be fooled by anything you see in mass media
Aw
Poor socialist
@@Deuter666 Aw, poor (as in inadequate) troll.
@
So Marxist, aren’t you
Galah!
Tariffs are a tax the US importer pays and will be added to the consumer goods. It will make everything in the US more expensive.
Tarrifs are imposed to reduce importations, Trump want americans to consume American products instead of buying things abroad, it will be good for America in the long run,
Trump is trying to reduce the National domestic debt at the expense of the American people 😢.
Hi, He plans to spend every penny he gets. How would that reduce the federal debt?
The US introduces the tax and the US citizens pay for it.
Very straight forward and it is difficult to understand how they don't get it.
Trump's 25% tariffs are called absorption tariffs, where the exporter pays them in order to remain selling in the US market. In his first term he put absorption tariffs on China and they are still paying us billions. These tariffs can't be too high, or the exporter won't be able to absorb them and still make a profit. On 25% many of the foreign steel companies will decide to lower their price 25%, then the US importer will take that savings and pay the tariff, that was indirectly paid by the exporter. If he doesn't absorb the tariff, the foreign exporter will lose his US customer to US steel that doesn't have a tariff. If the foreign company decides not to pay the tariff through absorption, then the US company will buy US steel, which is a win for the US either way.
Tariff is just tax that people think it's for their benefit when it's not
They can be countered rather easily as reason is given by the US unitary action.
While i would maybe personally go for a 25% export tariff on everything they were putting them on, just so they can't mooch of from us but would feel what it means to not get those products while haven't themselves yet the capacities to produce them. As i see it this is a shakedown to get funds for to pay of their debts and has not so much to do with their own production which is just the reason for his nationalist followers.
The other maybe nicer way is how the Canadans did it, by putting tariffs on products of Trumps supporters and voters in red state. Target the once responsible for him being in that job. That has some zing to it hrhr.
How did the USA fund government before income tax?
For the slow people-
This is a starting point for negotiation
crazy and hypocrite enough european never told tariff is tax on consumers when EU applied tariff on chinese EVs
@ sure, which is why most on the other side immediately put up tariffs too. Also if you want to negotiate with allies at gun point and threats, you won't have many for much longer.
tariff,this,tariff that...,tariff,this,tariff that...,tariff,this,tariff that...,tariff,this,tariff that...,tariff,this,tariff that...,, ALL PROBLEMS FIXED, LOL
You got it!
Yeah the stupidity is stunning.
Very good😂
@ Yeah because that has worked so well in history. It literally caused the great depression. Your leader is as clueless as the voters who put him there.
So much for cheaper eggs.
Buy chickens 🐓. Free eggs. Hot tip!
In many stores panic puying a scalpers have already bought out supplies.
No eggs for normal americans left
Eat less
@@JohnJacob33 americans would call that socialism
@hgjygvfv nah we call its “animal husbandry” its taught in schools here 👍
Please stop talking about Trump’s motives and intents as if they’re anything but the malevolent whims of someone with clinical narcissistic personality disorder..
Trump just canceled anyi rape training in the military. Is rape OK now?
It will hurt every American who doesn't work for steel industry. We've all just gotten a tax to enable US Steel to continue it's 5 decade history of inefficiency
It'll hurt every American in the steel industry that needs aluminum and vice-versa. And the corporations will just raise prices to match the tariffs while not paying their workers. 😂
Those workers also consume goods, so they are not in a better situation either. Their salary will have less value because everything is costing more.
CANADA is the no1 supplier of steel and aluminium to the USA. DW never forget that in your reporting.
Make America stronger by alienating all your allies 😂 Making Russia and North Korea stronger
Socialism isn’t our ally
That's trumps whole goal is to make allies get aggravated and align with China, Russia, India and other countries which makes America very weak, well done emperor orange turd!
....aaaand..making money in the process. He was broke, lets check his accounts as well as his friends' too.
Time to level set. 🇺🇸 let’s go!
@mwilliams82684 Yes, you are getting reset. Now go buy some eggs
Economic harakiri.
it will never end with trump, it is time for the world to wake up for the next 4 years.
All tariffs are a sales tax. Welcome to higher prices
The MAGAs don't know that Ha Ha Higher prices, that's Bidens fault
Luckily they don't build cars in the US
Trump trying to to claim xijinping is his friend but xijinping doesn't care 😂😂
He only screwed his friend
King Chaos strikes again,, 😎👍
🇺🇸 trump! ❤
He'll do anything to stay in the headlines, he even fellates his mic for attention, lol. Americans will foot the bill, as always.
He is just playing with the market guys! He and his friends are making a lot of money out of it!!
Happy fruitful year, I'm beyond excited! In just one week I'll be debt-free, having paid off my entire $285,000 debt and begun a new chapter of financial freedom.
Excuse me for real?, how is that possible I have struggling financially, how was that possible?
The thought of knowing a change is coming just leaves that glimpse of hope. Thank you for this
Kindly let me know more bout this bimonthly thing you just mentioned. Please...
It is the digital market. That's been the secret to this wealth transfer. A lot of folks in the US amd abroad are getting so much from it, God has been good to my household Thank you Jesus
Big thanks to Mrs Kate Elizabeth Becherer❤️❤️
Canada needs new partners in Trade !!! America had the best deal on curd with Canada, America does not know what their President is doing to them. You should really educate yourself on trade with Canada 🇨🇦
So much for USMCA
Canada could have good economic trade with China..... but nooo
Felon loves tariffs but has no clue how much it can destroy the USA economy
Trump should try to remember why it didn't work last time...
Can he?
Just raise the tariffs to 100%, so America can see America first and how things will be great.
The cost of major inputs into a LOT of US-manufactured goods just went up big time!
With a growing worldwide boycott of US goods gathering steam, higher-cost and lower-margin US manufacturing will soon be limited to supplying the US market.
The markets are going to HATE this - especially if all those targeted by the tariffs (i.e. the whole world) respond with coordinated countertariffs on vulnerable sectors and companies that are MORE dependent on exports...
Unemployment will be up by half of a percent by August or September.
Dude still thinks tarrifs are fines for the other ones; brilliant
Things aren't going well for the US. Musk's products aren't selling well in Europe anymore either.
That makes no sense. If the US people have to pay the cost. So US will make more steel and aluminum? I don’t think they can. It takes a long time to ramp up this.
One question:
will the Americans pay that extra 10% tax to Trump and buy made in China?
Or will they stop buying made in China and make those stuff with their own hands and fill up their own Walmart? Like the MAGA hats, batteries, TVs, Fridges, smartphones, etc?
What happened in 2018 when tariff war started? Did Americans pay that tariff and got toasted with inflation?
That's seven years ago. And you suppose suddenly some miracle happens?
There's nothing but inflation if you have any clear memory through the Pandemic. The fact that Trump restarted his first failure attempt is just pathetic, he has no card in hand.
Delinquents.
The idea, from Stephen Miran, chair the Council of Economic Advisers, the promoter of this plan based on tariffs & exchange rates, is that tariffs will be offset by the differential in exchange rates, i.e., a stronger US dollar & weaker currencies of trading partners. Consumers will pay the same or slightly higher prices & the government will pocket the tariffs & benefit from the growing currency spread.
Switched to buying from “Made in PRC”
@@misterfunnybones But Trump is against weak Yuan
Trumps threatens all the time with tarifs and the last minute he backs off, the coward
Yup he just canceled tariff on de minimis cuz it cost more to collect the tariff than the tariff itself. Most stable genius at work
No matter how you slice it you are still Banana Republics of the USA.
Ok hyulo.
Sadly yes, becoming quickly Taliban 2.0.
China's jealous, they want a stable of 'banana republic' servant states.
Despite no jobs and people can no longer afford to live, people will be lining up to live off the government. Acquiring $68k monthly is indeed a blessing.
How please!? If it’s possible, I would appreciate if you show me how to go about it
Well, I picked the challenge to put my finances in order. Then I invested in cryptocurrency, stocks, through the assistance of my discretionary fund manager, Amelia Naik.
is this the same Amelia Naik? That helps me with 24k investment “wow" such a small world
I know Amelia too, I came from owing bank loans to getting knocked out of my apartment, from almost losing my marriage to all of a sudden having returns of $125,000 every two months. I’ll forever give credits to her.
Sounds quite interesting
Shifting the tax to everyone. And decreasing the tax to the wealtny.
where is the extra 'I' in aluminum?
Can’t you get aluminum from Canada? 70% of USA aluminum comes from Canada maybe they will be happy to change clientele 😊
Doesn't anybody want to impress Jodie Foster any more?
🤣🤣🤣🤣🤣
This is what you deserve for voting for an ultra rich guy and his gang of friends, seriously what did you expect?
Thank you👏🏾👏🏾👏🏾
Tbf the US importing almost 90% of its steel is a legitimate national security risk
It ia more concerning why US cannot compete
China is no push over ... proceed at own risk ... Every action / reaction has been calculated ...
Let's see who eventually will pax taxes?
He didn't answer how would affect our daily life in EU
I kept waiting for it myself, couldn’t provide a simple example
No so much directly us construction ans manfacturing will suffer the most. Having to raise prices to cover tariffs making the US less competetive
tariffs, an excuse for other countries to raise prices on everything where the consumer always pays
other countries? Bruh how do you still not know how tariffs work
Hello everyone
What the hack is trump doing
He's tariffing
Making fascism great again.
tanking US economy and everyone elses
Make Dumb Dumber Again
Firing so many federal workers (USAID, FBI, CIA, IRS, Dept of Education….), it’s going to bring unemployment up again. Also more businesses going belly up with the increased cost. It’s a vicious cycle. Going to cause another Great Recession.
I think the 25 on metals is not a negotiation tool. It's not going to be up for debate. Japan is investing heavily, and trump made that deal. No doubt the 25 was part of the deal.
Steel and aluminum tariffs will help America steel and aluminum producers.... But will then increase costs for the steel and aluminum consumers in the US, driving up costs in the US because only the producers win, and don't expect the price of domestic American steel and aluminum prices to not rise as well.
Why 25% only? Raise it to 1,000 % trump😂.
EUROPE could buy more from Canada including steel and aluminium. Has anyone thought of this in Europe?
Europe has its own steel and aluminum industry and they use tariffs to protect them. They have tariffs on everything and Trump is getting ready to hit them with tariffs like they never seen.
Might be an idea because buying from Australia is out of the question since Europe has inflicted a punitive trade embargo on it for generations.
It might bring back manufacturing but at the cost of consumer surplus. And Americans will foot the bill.
don't bet on the first part, people are quite stubborn when threatened and punished unjustly
You need raw material you can't just close imports and develop domestic manufacturing capacity. So the only thing it does is adds massive inflation for American Consumers
More like a depression on the way 🤣🤣
This brings problems for companies selling their products outside the USA.
E.g. BMW exports 60% of the cars they produce in Spartanburg. BMW is by value the biggest US car exporter.
Higher costs for steel and aluminium. And who knows if not also for car components made in Mexico one day.
This makes those cars produced in the USA more expensive. And thus more difficult to sell abroad.
Those tariffs will also destroy manufacturing. Especially in the sectors were the USA is exporting a lot. Like machinery for construction or agriculture. Or the aero industriy.
Steel is not going back.
- Dangerous jobs and US steel furnaces and mills are just not up to Date.
- far to expensive on american wages
Tariffs Inflation will explode Richard Wolff
Tariffs - Mr Trump a republican who is against taxes is proposing an enormous tax increase.RICHARD WOLFF
As a psychopath, his aim is deceit and contradiction, without regards to consequences! Madness without delirium!
We dont want anyone to start thinking the economy is currently propped up by debt. The trade disputes are a good distraction and even if they fail it will help distract from other much more sinister issues. Like consumer spending power.
A first year student could explain the impact of blanket tariffs on the US but Trump knows better. Where are his advisors?
His 'advisors' are busy saying 'Yes Master, three bags full master' and on the rare occasion that any one of them dares to offer some real sensible advice, they are fired immediately and banished from the court of Emperor Trump forever.
Stephen Miran, chair of the Council of Economic Advisers, is the promoter of this plan based on tariffs & exchange rates.
EU: master have i not been loyal to you
Why can countries like Australia with higher wages than US workers make steel cheap enough to export to US? Maybe the US steel industry needs to become more efficient. The US has a 22B export surplus to Australia, how sensible is levying more tariffs on imports from countries like Australia when any retaliatory tariffs would hurt US much more. Trump should be asking why US citizens buy imported goods, no doubt they are cheaper, they might also be better than US made or alternatives may not be available. For example Ozempic the drug for example has a huge market in US but is only made in Europe.
As an Australian I could not give a F**k, because I am all right Jack.
Mann this is better than any other serie on Netflix, a real life serie with the downfall of America every single day watching it for free.
He needs revenue to balance out tax cuts, duh.
So cutting taxes by making Americans pay more for goods. That sounds like financial redistribution, which is (gasp) Socialism!
When the only tool you have in your hand is a hammer, you treat everything as a nail
He is just making it fascist finally.
Sooo what would happen if all nations now put additionally an export tariff of 25% on steel and aluminium.
You know, help the US to produce their own steel and aluminium, but denying them to mooch of others.
Trumps new strategy:
_Can’t make groceries cheaper so will tariff everything else so the relative price difference falls._ Same-same right?
Good thing. Just why does U.S. allow the other countries to export to U.S. with no tariffs when they charge us the tariffs? Just why?? China doesn't even allow TH-cam in China. Why we allow theirs? For really why???
Dumb thing.
And the US don't allow TikTok and deepseek...
The tariffs is paid by....you.
I don't mind you paying 25+% more for everything you buy, doesn't really affect me at all.
You need to read more. We tariff other country product that we do not make and we still have to buy from them. In the mean time they tariff us and can buy product cheaper elsewhere. US trafe deficit INCREASD 50% since the tariff. In the mean time China is buying cheaper soy nean grom Brazil
If america made better products then maybe other country's would buy them...
We are all dependent on one another for something. The problem is that we, Canada, has just become too comfortable in putting all of our eggs in one basket instead of diversifying. This has been a wake up call.
Tariffs are tax
Hey Germany, do you have any space for a startup company that uses a lot of aluminum? The uncertainty is making the US market difficult.
Alumin"ium"! Sprich Deutsch!
@@barcodeguy7627 Ich werde daran arbeiten. Aluminium
Space yes, but i would expect and prepare for a ton of regulations to follow. Still doable, but with some more headaches. Still these things can be fast tracked, you just need to get together with mmm the right politicians.
"Wer gut schmiert, der gut fährt"
@@kinngrimm In Amerika heißt es Benzin, Gras oder Arsch, niemand fährt umsonst, but I get the picture
Go to Norway. Lower energy prices.
There's an increase in demand for gold and dollars in China due to US tariffs.
"Great Depression" is coming....
Trump’s taxes on Americans are getting higher and higher. 😂😂😂😂😂😂😂
Problem is, China wants to buy more high value American goods like semiconductor chips but US refuse.
Cans will get more expensive, which means more expensive beer, especially from local breweries
We sell the beer to America. We should only make the brands American use more expensive to cover the cost. Like Budweiser. That's European these days.
With the US dollar so strong those American steel workers will be the best paid in the world
Kinda think that will make Steel very expensive
The most popular vehicle sold in the USA is the Ford F150 .Its body is made completely with Aluminum most that comes from Canada .
Those are going to be pretty expensive trucks
It'll be back to sheet metal for the trucks.
The world will boycott USA. Countries need to ditch the US dollar for trade and use the Euro instead.
Apply BABA. Buy Anything But American.
No US,no europe china will crash them to dust,uero is not a strong currency to be trusted
Come on, products people want to buy, you don’t want to sell, only sell the stuff people don’t want , don’t need, can you really blame people, does it make sense? Lol
🍿
From the rural midwest, and I’m seeing a lot of people hauling off their junk steel, so I’d say it’s helping somebody.
Why is he sucking up his drool after speaking a sentence?
It’s time to drop the Dollar
I think India will face its brunt the most, because, a lot of our material exports are steel based.
High quality, up to date products at a competitive price is all DJT need to get a trade surplus. DJT has none of this.
Steel and aluminum are basic input of modern industries. Almost everything needs them. If steel and aluminum are 25% more expensive, finished products will be a lot more expensive. It's a smart move by the United snakes!
We are all going to lose as no one comes up a winner. So unnecessary.
Maybe the rest of us should join the BRICS economies, unthinkable or necessary?
In 2023, China produced over 1 billion tons of steel, of which less than 0.4% was exported. Biggest buyers were Vietnam (3m tons); South Korea (2.5m tons); India (1m tons); US (0.6m tons). US imported most steel from Canada (3.5mtons); Mexico (0.8m tons). Likewise, US imported 4.8 m tons of Aluminum and Canada shipped 1.5m tons, UAE 1m tons. Thus, tariff on steel and aluminum has minimum impact on China.
This guy sits on the throne, believing that power grants him the right to impose his will upon the world-blind to justice, indifferent to the suffering of others, and deaf to the voices pleading for fairness.
And Europe???? Talk with China. But the tariffs damage Europe.!!!!
When I was 5, my grandpa gave me a toy hammer, and taught me how to fix a chair with loose nails. Ever since then, I have tried to "fix" everything with that hammer. Our president has a similar hammer. 😂 😂😅😂😂😅
To spur Steel & Aluminum investment in America that will leverage its cheap energy costs; Nippon Steel committed to its largest World investment in US Steel this last week -- EU, Mexico, & Canada will also love Trump's tariffs on its Autos.
TikTok, btw, has a huge following in the USA. Is it too much to ask if the US hopes China will do the same to US imports in China? Actually, this is not a war at all.
That's a great idea, I ate my eggs for breakfast on a aluminum plate ,tastes the same
He threatened Mexico and Canada...walked back after an agreement...only to slap tariffs on them anyway. Why negotiate with this fool?
If tariffs are so great, as Trump claims, he should just raise rates 200% on all goods from every country. Heck, let's do 400%, that will make Americans really wealthy, and the rest of the world will pay for it.
It would be interesting to compare and contrast tariffs (as against China - "they should buy more of our stuff") and sanctions (as against Russia - "they're not getting any of our stuff") as instruments of trade/sovereignty disputes/wars.
There are no friends or allies, only interests!
I want these reporters to describe the exact mechanism that USA tariffs can impact European prices. When we aren't going to pay them on importing America products. You may even see a drop in costs as European importers can haggle lower prices of the sellers are desperate due to loss of sales in the USA market.
By all means the export controls may but tariffs don't mean much at a personal level.