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Trump announces and signs off on tariffs, with a few exemptions

As expected, Thursday brought new steel and aluminum tariffs for imports to the United States.    At the White House, surrounded by   steel workers and production specialists  the tariffs were signed into law and will take effect in 15 days.  Per the new law,  a 25%  tax will be regarded to steel imports and a 10% tax on aluminum making its way into the U.S from here on out.

Canada & Mexico, however, were exempted from the tariffs all together after much backlash from Canada who threatened some pretty serious action against Trump if their international trade agreements were violated and or in any way altered.

 

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